Uptober? Strategy logs slowest monthly Bitcoin buys of the year at 778 BTC
Cointelegraph
Strategy, led by Michael Saylor, recorded its slowest monthly Bitcoin purchases of the year in October, acquiring only 778 BTC.Summary
Strategy, the world's largest public Bitcoin holder, recorded one of its slowest months for BTC accumulation in October, purchasing only 778 Bitcoin, a 78% decrease from the 3,526 BTC bought in September. The latest acquisition involved 390 BTC for $43.3 million, bringing their total holdings to 640,808 BTC at an average price of $74,032. Analyst JA Maartun suggests this rapid slowdown is due to capital raising difficulties, as equity issuance premiums have dropped significantly. Despite the reduced pace, Strategy's long-term conviction remains, and 2025 is still projected to be a major year for investments, though they face pressure to surpass 2023's $21.76 billion spending record in the remaining two months.
(Source：Cointelegraph)