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Strategy Makes Another Bitcoin Purchase as Unrealized Losses Mount


by Jordan Lyanchev
for CryptoPotato
Strategy Makes Another Bitcoin Purchase as Unrealized Losses Mount

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Michael Saylor, the Bitcoin champion behind Strategy’s BTC accumulation strategy, announced minutes ago the latest acquisition made by the company, in which it spent $90 million to accumulate 1,142 units.

Consequently, the firm’s total stash has grown to 714,644 BTC, acquired at an average price of $76,056 for a total of $54.35 billion. Thus, Strategy’s bitcoin holdings continue to be in the red as the asset trades below $70,000 at press time.

Read the article at CryptoPotato

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Coins

$ 69.25K

-0.77%

$ 0.00259

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In This News

Coins

$ 69.25K

-0.77%

$ 0.00259

Share:

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Strategy (MSTR) Adds 1,142 Bitcoin for $90 Million as Bitcoin Trades Near $69,000

Strategy (MSTR) Adds 1,142 Bitcoin for $90 Million as Bitcoin Trades Near $69,000

Bitcoin Magazine Strategy (MSTR) Adds 1,142 Bitcoin for $90 Million as Bitcoin Trade...
Saylor Buys Again: Strategy Adds 1,142 BTC as Paper Losses Top $5 Billion

Saylor Buys Again: Strategy Adds 1,142 BTC as Paper Losses Top $5 Billion

On Monday, Strategy founder Michael Saylor disclosed that his bitcoin treasury firm h...

Strategy Makes Another Bitcoin Purchase as Unrealized Losses Mount


by Jordan Lyanchev
for CryptoPotato
Strategy Makes Another Bitcoin Purchase as Unrealized Losses Mount

Share:

Michael Saylor, the Bitcoin champion behind Strategy’s BTC accumulation strategy, announced minutes ago the latest acquisition made by the company, in which it spent $90 million to accumulate 1,142 units.

Consequently, the firm’s total stash has grown to 714,644 BTC, acquired at an average price of $76,056 for a total of $54.35 billion. Thus, Strategy’s bitcoin holdings continue to be in the red as the asset trades below $70,000 at press time.

Read the article at CryptoPotato

In This News

Coins

$ 69.25K

-0.77%

$ 0.00259

Share:

In This News

Coins

$ 69.25K

-0.77%

$ 0.00259

Share:

Read More

Strategy (MSTR) Adds 1,142 Bitcoin for $90 Million as Bitcoin Trades Near $69,000

Strategy (MSTR) Adds 1,142 Bitcoin for $90 Million as Bitcoin Trades Near $69,000

Bitcoin Magazine Strategy (MSTR) Adds 1,142 Bitcoin for $90 Million as Bitcoin Trade...
Saylor Buys Again: Strategy Adds 1,142 BTC as Paper Losses Top $5 Billion

Saylor Buys Again: Strategy Adds 1,142 BTC as Paper Losses Top $5 Billion

On Monday, Strategy founder Michael Saylor disclosed that his bitcoin treasury firm h...