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Crypto & Bitcoin

Michael Saylor’s Strategy Continues Bitcoin-Buying Spree, Adds $22,000,000 Worth of BTC

Reported by Conor Devitt, The Daily Hodl

Image: The Daily Hodl

The Bitcoin treasury firm Strategy (MSTR) has stacked BTC for four weeks in a row, adding $22 million worth of the top crypto asset in the past seven days. Strategy says it accumulated 250 Bitcoin at an average purchase price of $86,194 per BTC, stretching its total holdings to 848,250 BTC. The firm added 2,949 Bitcoin in the three weeks leading up to that latest purchase, spending a total of $248 million. The recent purchase follows a summer in which Strategy conducted its first Bitcoin sales since 2022.

This is an excerpt. The reporting belongs to The Daily Hodl.

Read the full report on dailyhodl.com
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