Editor's PiCK

Strategy buys an additional 1,142 bitcoins…total holdings reach 714,644 BTC

Source
Minseung Kang

Summary

  • Strategy said it deployed about $90 million to buy an additional 1,142 bitcoins at an average purchase price of $78,815.
  • Strategy said the purchase lifted its total bitcoin holdings to 714,644.
  • Saylor said the cumulative purchase amount is about $54.35 billion, and the average purchase price is $76,056.

Strategy (formerly MicroStrategy) has further increased its bitcoin (BTC) holdings.

On the 9th, Michael Saylor, co-founder of Strategy, said on X (formerly Twitter) that “Strategy (last week) deployed about $90 million to purchase an additional 1,142 bitcoins at an average purchase price of $78,815.”

With the latest purchase, Strategy’s total bitcoin holdings rose to 714,644. According to Saylor, the cumulative purchase amount is about $54.35 billion, and the average purchase price is $76,056.

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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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