Strategy Acquires an Additional 21,021 BTC for Its $74B Corporate Treasury
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- Strategy acquired 21,021 BTC for $2.46B, raising its holdings to 628,791 BTC.
- Bitcoin is consolidating just below $120K amid a cooling-off phase.
- Twenty One Capital increased its treasury to 43,500 BTC.
Enterprise analytics firm Strategy (formerly MicroStrategy) has made another substantial purchase, acquiring 21,021 BTC for approximately $2.46 billion.
The purchase, made at an average price of $117,256 per coin, brings Strategy’s total Bitcoin holdings to now 628,791 BTC, currently valued at $74.26 billion.
The firm’s unrealized profit on its holdings now stands at $28.18 billion, according to the on-chain analytics platform Lookonchain. This relentless buying continues as Bitcoin consolidates just below the psychological $120,000 level.
“Muted” market helping the accumulation
According to on-chain analyst Crypto Dan, the current market …
The post Strategy Acquires an Additional 21,021 BTC for Its $74B Corporate Treasury appeared first on Coin Edition.
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$ 78.80K
-0.30%
$ 0.00678
-3.65%
$ 0.00...361
$ 0.101
+0.77%
$ 0.517
Funds
Predictions Markets
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In This News
Coins
$ 78.80K
-0.30%$ 0.00678
-3.65%$ 0.00...361
$ 0.101
+0.77%$ 0.517
Funds
Predictions Markets
See what traders are focused on
Share:
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