Strategy buys 13,927 Bitcoin for $1B, holdings near 800,000 BTC
Michael Saylor’s Strategy acquired 13,927 Bitcoin for $1 billion last week, funding the purchase through STRC share sales, lifting the company’s holdings to 780,897 BTC.
Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin (BTC), added a large haul of Bitcoin to its stash last week, edging toward 800,000 BTC in total holdings.
Strategy acquired 13,927 Bitcoin for $1 billion between April 6 and 12, according to an 8-K filing with the US Securities and Exchange Commission on Monday.
The purchases were made at an average price of $71,902 per coin, marking another purchase below the company’s average acquisition price of $75,577.
