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Strategy Resumes Billion-Dollar Bitcoin Buys With 13,627 BTC Accumulation


by Jordan Lyanchev
for CryptoPotato
Strategy Resumes Billion-Dollar Bitcoin Buys With 13,627 BTC Accumulation

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AI Overview

MicroStrategy has resumed significant bitcoin purchases, acquiring 13,627 BTC for $1.25 billion at an average price of over $91,500. They now hold a total of 687,410 BTC, purchased for $51.80 million at an average price of $75,353 per bitcoin.

Bullish

Following a few consecutive more modest bitcoin purchases, the world’s largest corporate holder of the asset has gone back to the billion-dollar accumulations, as announced by former CEO Michael Saylor.

Strategy has spent approximately $1.25 billion to acquire 13,627 BTC at an average price of just over $91,500 per unit. Its total stash has shot up to 687,410 BTC, acquired for $51.80 million at an average price of $75,353 per bitcoin.

Read the article at CryptoPotato

In This News

Coins

$ 67.75K

+0.74%

$ 0.00267

+4.15%

Share:

In This News

Coins

$ 67.75K

+0.74%

$ 0.00267

+4.15%

Share:

Read More

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Strategy Issues Preferred Stock to Steady Bitcoin Bet

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Strategy Resumes Billion-Dollar Bitcoin Buys With 13,627 BTC Accumulation


by Jordan Lyanchev
for CryptoPotato
Strategy Resumes Billion-Dollar Bitcoin Buys With 13,627 BTC Accumulation

Share:

AI Overview

MicroStrategy has resumed significant bitcoin purchases, acquiring 13,627 BTC for $1.25 billion at an average price of over $91,500. They now hold a total of 687,410 BTC, purchased for $51.80 million at an average price of $75,353 per bitcoin.

Bullish

Following a few consecutive more modest bitcoin purchases, the world’s largest corporate holder of the asset has gone back to the billion-dollar accumulations, as announced by former CEO Michael Saylor.

Strategy has spent approximately $1.25 billion to acquire 13,627 BTC at an average price of just over $91,500 per unit. Its total stash has shot up to 687,410 BTC, acquired for $51.80 million at an average price of $75,353 per bitcoin.

Read the article at CryptoPotato

In This News

Coins

$ 67.75K

+0.74%

$ 0.00267

+4.15%

Share:

In This News

Coins

$ 67.75K

+0.74%

$ 0.00267

+4.15%

Share:

Read More

Strategy Issues Preferred Stock to Steady Bitcoin Bet

Strategy Issues Preferred Stock to Steady Bitcoin Bet

Strategy is increasing its program of preferred stocks to buy more Bitcoins as it see...
Short-Term Bitcoin Holders in Pain as Bear Market Deepens

Short-Term Bitcoin Holders in Pain as Bear Market Deepens

Losses are mounting up for short-term holders of Bitcoin as the asset dumps below $70...