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Strategy Buys 24,869 More Bitcoin for $2.01 Billion, Bringing Holdings to 843,738 BTC

Source
Minseung Kang

Summary

  • Strategy said it bought an additional 24,869 Bitcoin for about $2.01 billion.
  • The purchase brought Strategy’s total Bitcoin holdings to 843,738 BTC, with an average purchase price of $75,700.
  • Saylor added that Strategy’s Bitcoin yield was 12.6%% year to date.

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Photo: Screenshot from Michael Saylor's X account
Photo: Screenshot from Michael Saylor's X account

Strategy bought 24,869 more Bitcoin, lifting its total holdings to more than 840,000 BTC.

Executive Chairman Michael Saylor wrote on X on May 18 that the company bought the tokens last week for about $2.01 billion. The average purchase price was about $80,985 per Bitcoin.

The purchase brought Strategy’s total Bitcoin holdings to 843,738 BTC. The company has spent $63.87 billion in total so far, with an average purchase price of about $75,700.

Saylor added that Strategy’s Bitcoin yield was 12.6% year to date.

Minseung Kang

Minseung Kang

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