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Crypto & Bitcoin

Strategy Buys Another $21M in Bitcoin as Accumulation Streak Rolls On

Reported by Jordan Lyanchev, CryptoPotato

Image: CryptoPotato

After hinting on X yesterday that the company he co-founded decades ago has completed another BTC purchase, Michael Saylor announced the development minutes ago, indicating that Strategy has indeed upped its bitcoin reserve. Although the latest buy was relatively modest compared with some of the previous ones, Strategy’s BTC holdings still reached a new all-time high of 848,250 units. Aside from spending $21.5 million to acquire 250 BTC at an average price of $86,194, Strategy repurchased another $192 million in preferred stock (STRC).

This is an excerpt. The reporting belongs to CryptoPotato.

Read the full report on cryptopotato.com
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