Michael Saylor’s Strategy kickstarts November with $45M Bitcoin buy
Strategy’s Bitcoin acquisition rate has been significantly down since September, threatening to limit Bitcoin’s price recovery.
Michael Saylor’s Strategy added another 397 Bitcoin worth about $45.6 million, but the company’s buying pace continues to slow compared to its pre-October accumulation streak.
Strategy acquired 397 Bitcoin (BTC) worth $45.6 million last week at an average price of $114,771 per coin, according to a Monday filing with the US Securities and Exchange Commission.
This brought its total holdings to 641,205 BTC, acquired for $47.49 billion at an average price of $74,047 per coin, with a Bitcoin yield of 26.1% year-to-date (YTD), according to a Monday X post from Strategy.
