Strategy Expands Bitcoin Holdings with $1.4 Billion Acquisition
- Strategy acquired 15,355 Bitcoin for approximately $1.4 billion.
- The acquisition increased Strategy’s total holdings to 553,555 BTC.
- Purchases were made between April 21 and April 27 at an average price of $92,737 per Bitcoin.
- The acquisition was funded by selling shares, raising about $1.4 billion.
- Bitcoin’s current trading price is near $95,300, significantly increasing the value of Strategy’s holdings.
Strategy’s latest acquisition of 15,355 BTC brings its total holdings to 553,555 BTC, valued at approximately $52.7 billion based on current market prices. The purchase was financed through stock sales totaling around $1.4 billion.
Source (2.6)https://cryptobriefing.com/bitcoin-acquisition-strategy-major-buy/?rand=59535