Strategy ends May with $75M Bitcoin buy as price tumbles to $103K
Michael Saylor’s Strategy continued stacking Bitcoin in the last week of May, buying $75.1 million worth of BTC.
Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, revealed its latest BTC purchases after the price briefly dropped to $103,000 last week.
Strategy acquired 705 Bitcoin for $75.1 million between May 26 and 30, the company announced on June 2.
The latest purchases were made at an average price of $106,495 per coin, with Bitcoin dropping from $110,000 last Monday to an intraweek low of $103,400 by the weekend.
