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Strategy buys an additional 592 bitcoins…total holdings reach 717,722 BTC

Source
Minseung Kang

Summary

  • Strategy said it bought an additional 592 bitcoins at an average price of $67,286, spending about $39.8 million.
  • It said the purchase increased Strategy’s total bitcoin holdings to 717,722.
  • Saylor said the cumulative amount spent on bitcoin purchases is about $54.56 billion, with an average purchase price of $76,020.

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

On the 23rd, Michael Saylor, chairman of Strategy, said on X (formerly Twitter), “Strategy purchased an additional 592 bitcoins last week, spending about $39.8 million at an average price of $67,286 per bitcoin.”

With this purchase, Strategy’s total bitcoin holdings increased to 717,722. According to Saylor, the cumulative purchase amount is about $54.56 billion, and the average purchase price is $76,020.

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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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