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Fintech– 10
Strategy Buys Bitcoin, Holdings Reach 762,099 BTC
CoinDesk·
Strategy, led by Michael Saylor, has resumed its Bitcoin accumulation strategy, acquiring 1,031 BTC for $76.6 million last week. This purchase marks a significant reduction from the multi-billion dollar acquisitions seen in prior weeks. The company's total Bitcoin holdings now stand at 762,099 BTC, with an average acquisition cost of $75,694 per coin, compared to the current market price near $70,000. These latest acquisitions were funded through the sale of common stock, as detailed in a recent filing.
Tickers
$MSTR
Tags
fintech
crypto
Original Source
CoinDesk — coindesk.com