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⛓️ Crypto🟢 BullishImportance 6/10
Strategy added another 4,871 bitcoin for $330 million, with holdings nearing 767,000 BTC
🤖AI Summary
Strategy acquired an additional 4,871 bitcoin worth $330 million, bringing their total holdings close to 767,000 BTC. The purchases were primarily financed through sales of the company's STRC preferred stock.
Key Takeaways
- →Strategy purchased 4,871 bitcoin for $330 million in their latest acquisition round
- →The company's total bitcoin holdings now approach 767,000 BTC
- →Purchases were funded through sales of STRC preferred stock rather than cash reserves
- →This represents continued institutional accumulation of bitcoin by corporate treasuries
- →The average purchase price was approximately $67,700 per bitcoin
Read Original →via CoinDesk
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