"Bitcoin Treasury Capital Acquires Additional 4.4 BTC"

Source
Minseung Kang

Summary

  • Bitcoin Treasury Capital recently announced the acquisition of an additional 4.4 Bitcoin (BTC).
  • The average purchase price of this acquisition was reported as $118,159.
  • With the total holdings increased to 152 BTC, the institutional investor's strategy of portfolio diversification is ongoing.

Sweden-based virtual asset (cryptocurrency) investment firm Bitcoin Treasury Capital recently acquired an additional 4.4 Bitcoin (BTC).

According to specialized cryptocurrency media outlet AInvest on the 12th, Bitcoin Treasury Capital has recently purchased an additional 4.4 BTC. The average purchase price is reported to be $118,159. With this transaction, the company's total Bitcoin holdings have increased to 152 BTC.

The media outlet added that, "Amid a trend where institutional investors are increasingly adopting Bitcoin as a long-term store of value, Treasury Capital continues to pursue portfolio diversification strategies."

Minseung Kang

Minseung Kang

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