PiCK

Strategy Buys 535 More Bitcoin, Bringing Holdings to 818,869 BTC

Source
Minseung Kang

Summary

  • Strategy Chairman Michael Saylor said the company bought an additional 535 BTC of Bitcoin.
  • The latest purchase brought Strategy’s total Bitcoin holdings to 818,869 BTC, with $61.86 billion spent in total and an average purchase price of $75,540.
  • Saylor added that Strategy’s Bitcoin yield (BTC Yield) was 9.4%% so far this year.

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Michael Saylor, chairman of Strategy, said the company bought an additional 535 Bitcoin, bringing its total holdings to 818,869 BTC.

In a post on X on May 11, Saylor wrote that Strategy spent about $43 million last week to buy the tokens at an average price of about $80,340 each.

The purchase raised Strategy’s total Bitcoin holdings to 818,869 BTC. The company has spent $61.86 billion in total so far, with an average purchase price of about $75,540.

Saylor added that Strategy’s Bitcoin yield, or BTC Yield, was 9.4% so far this year.

Minseung Kang

Minseung Kang

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