Editor's PiCK

Strategy buys an additional 10,624 Bitcoin... $962.7 million

Source
Minseung Kang

Summary

  • Strategy reportedly bought an additional 10,624 Bitcoin for about $962.7 million.
  • Chairman Michael Saylor said the purchase price for this acquisition was about $90,615 per coin.
  • He added that Strategy's Bitcoin investment return this year was 24.7%.

Strategy (formerly MicroStrategy) recently purchased an additional 10,624 Bitcoin (BTC).

On the 8th, according to crypto asset (cryptocurrency) specialized media, Michael Saylor, chairman of Strategy, wrote on X(X·formerly Twitter) that "Strategy invested approximately $962.7 million to purchase Bitcoin at about $90,615 per coin." He also mentioned that this year's Bitcoin investment return (YTD) was 24.7%.

Saylor added, "We hold a total of 660,624 Bitcoin, and the acquisition cost is approximately $49.35 billion with an average purchase price per coin of about $74,696."

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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