Strategy buys 855 more Bitcoin at around $88K
Crypto Briefing
Strategy acquired 855 more Bitcoin for $75 million last week, bringing its total holdings to 713,502 BTC.Summary
Strategy, the world's largest corporate Bitcoin holder, announced it purchased an additional 855 BTC last week for $75 million, averaging about $88,000 per coin. This acquisition, funded by selling $106 million in Class A common stock, brings Strategy's total Bitcoin holdings to 713,502 BTC, valued at over $55 billion. Despite a recent sharp weekend sell-off in Bitcoin that briefly put the company's gains into the red, Strategy currently maintains unrealized gains of approximately $1.3 billion. The company still retains over $8 billion in capacity under its current stock-sale program.
(Source：Crypto Briefing)