Strategy’s Bitcoin Holdings Surpass 800,000 BTC After Major Purchase
- Strategy acquired 34,164 Bitcoin for $2.54 billion between April 13 and April 19.
- This purchase increased its total holdings to 815,061 BTC, valued at approximately $61.56 billion.
- The acquisition price averaged $74,395 per coin, slightly below the company’s average of $75,527.
- Funding for the purchase was primarily sourced from STRC dividends, contributing about $2.18 billion.
- Last week saw records for STRC with a single-day buying spree of approximately 17,204 BTC, marking a 518% increase over the four-week average.
The significant acquisition by Strategy highlights its aggressive investment strategy in Bitcoin, further solidifying its position as the largest public holder of BTC globally. This move is part of a broader trend where companies leverage innovative funding methods like STRC to enhance their cryptocurrency portfolios.
With this latest purchase, Strategy now holds over 815,061 BTC, reflecting a robust commitment to Bitcoin investment strategies amidst evolving market dynamics.
