5 days ago
Strategy’s latest 1,955 Bitcoin acquisition brought its full BTC holdings to 638,460 BTC, purchased astatine an mean terms of $73,880 per coin.
Michael Saylor’s Strategy, the world’s largest holder of Bitcoin, continued stacking the cryptocurrency arsenic the BTC terms edged up somewhat past week.
Strategy acquired 1,955 Bitcoin (BTC) for $217.4 cardinal betwixt Sept. 2 and 7, according to a Tuesday US Securities and Exchange Commission filing.
The acquisition was made astatine an mean terms of $111,196 per coin arsenic the cryptocurrency concisely surged supra $113,000 past Friday earlier slipping to astir $110,000, according to CoinGecko.
With the caller acquisition, Strategy’s full Bitcoin holdings totaled 638,460 BTC arsenic of Sunday, purchased for astir $47.2 cardinal and astatine an mean terms of $73,880 per BTC.
Strategy’s latest Bitcoin acquisition follows a bid of buys successful August, totaling astir 7,714 BTC for the month.
The company’s BTC buying past period was importantly smaller than erstwhile purchases, including a massive 31,466 BTC acquisition successful July and a 17,075 BTC acquisition successful June.
An excerpt from Strategy’s Form 8-K. Source: SECThe latest acquisition was made utilizing proceeds from 3 of Strategy’s at-the-market (ATM) equity offerings, including the Series A Perpetual Strife Preferred Stock (STRF), the Series A Perpetual Strike Preferred Stock (STRK) and its ain Common A banal MSTR.
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