Strategy Is Buying Bitcoin Again After 2-Month Pause: Here’s How Much
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MicroStrategy, the world’s largest corporate holder of bitcoin, announced via co-founder Michael Saylor on X that it purchased 4,603 BTC for almost $370 million at an average price of $80,318, its first buy in over two months. The large corporate accumulation underscores continued institutional adoption of bitcoin and could put upward pressure on crypto markets and spot BTC liquidity.
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Well over two months after completing its last bitcoin buy, the world’s largest corporate holder of the cryptocurrency is back on the offensive.
The firm’s co-founder and former CEO, Michael Saylor, outlined the acquisition on X, indicating that Strategy has acquired 4,603 BTC for almost $370 million at an average price of $80,318 per unit.
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In This News
Coins
$ 78.02K
-0.89%Predictions Markets
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