Strategy returns to bitcoin buys, adding $75M of BTC last week
Strategy (the Michael Saylor-led bitcoin treasury company formerly MicroStrategy) resumed buying bitcoin after roughly a three-week pause, adding around $75.7 million in BTC last week at an average of about $79,670 per coin, lifting total holdings to 846,000 BTC. $MSTR surged 7% premarket on the news.
- The purchase marks the first week of buying for Strategy in about three weeks.
- Total holdings now stand at roughly 846,000 BTC.
- A CoinDesk daily briefing recapping the day's news confirmed the purchase as Strategy returned to accumulating bitcoin.
Sources
- Google and Apple hunt for crypto talent as stablecoins and tokenization push deeper into big tech, Kalshi faces accusations of inflated trading volume, and Strategy returns to buying bitcoin with a $75.7 million purchase. @uyendoe has what you need to know. Thank you to https://t.co/tPBnemfkyNx.com ↗
- JUST IN: Michael @Saylor's @Strategy resumes Bitcoin buying after a three-week pause, acquiring 950 $BTC for $75.7M at $79,670 average, bringing total holdings to 846,000 $BTC as $MSTR surges 7% premarket. https://t.co/RviHtZgD47x.com ↗
- Strategy returns to bitcoin buys, adding $75 million of BTC last weekcoindesk.com ↗
- UPDATE: Michael @Saylor's @Strategy bought Bitcoin for the first time in two months, acquiring 4,603 bitcoin:native for $369.7M, pushing its total holdings to 845,050 bitcoin:native ($65.9B). https://t.co/sQHu8tIgJ5x.com ↗
- Strategy returns to bitcoin buys, adding $370 million of BTC last weekcoindesk.com ↗
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