PiCK

Strategy buys an additional 1,031 bitcoins…total holdings reach 762,099 BTC

Source
Minseung Kang

Summary

  • Strategy said it purchased an additional 1,031 bitcoins last week, spending about $76.6 million.
  • It said the average purchase price for the additional bitcoin buy was about $74,326.
  • Strategy’s total bitcoin holdings stand at 762,099 BTC, with a total acquisition cost of about $57.69 billion.

Forecast Trend Report by Period

Loading IndicatorLoading Indicator
Photo = Screenshot from Michael Saylor’s X
Photo = Screenshot from Michael Saylor’s X

Strategy has expanded its holdings by making additional bitcoin purchases, underscoring the company’s ongoing bitcoin accumulation strategy.

On the 23rd, Michael Saylor, chairman of Strategy, said on X (formerly Twitter) that “Strategy purchased an additional 1,031 bitcoins last week, spending about $76.6 million.”

According to Saylor, the average purchase price for this buy was about $74,326.

This brings Strategy’s total holdings to 762,099 BTC. The total acquisition cost is estimated at about $57.69 billion, with an average purchase price of about $75,694.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

Trending News