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Strategy Accelerates Bitcoin Accumulation With $356M Buy After Two Weeks Of Smaller Purchases
(MENAFN- AsiaNet News)
Michael Saylor-backed Strategy (MSTR) announced on Monday that it had bought around 3,081 Bitcoin (BTC) for $356 million over the past week.
Strategy's latest Bitcoin purchase was made at an average price of about $115,000 per token, lifting its total holdings to 632,457 BTC acquired at an average of $73,500 each. The company has stepped up its buying pace after two weeks of relatively modest additions-430 BTC last Monday and 155 BTC the week before.
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Read also: Bitcoin Slides To July Levels, Ethereum Retreats From Weekend Highs – $840M Liquidated In Crypto Selloff
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