todayonchain.com

Strategy returns to 'small' bitcoin purchases, adding $76.6 million in BTC last week

CoinDesk
Strategy purchased 1,031 bitcoin for $76.6 million last week, a reduced pace from prior multi-billion dollar buys.

Summary

Strategy, led by Executive Chairman Michael Saylor, resumed smaller-scale bitcoin acquisitions last week, purchasing 1,031 BTC for $76.6 million at an average price of $74,326 per coin. This contrasts sharply with the previous two weeks when the company bought over $1 billion in BTC. Strategy's total holdings now stand at 762,099 BTC, acquired at an average cost of $75,694 each, while the current Bitcoin price is just under $70,000. The recent purchases were entirely funded through the sale of common stock.

(Source:CoinDesk)