Strategy Expands Bitcoin Holdings to 580,955 BTC
- Strategy acquired 705 Bitcoin for approximately $75.1 million.
- Total holdings are now 580,955 BTC, nearly 3% of Bitcoin’s total supply.
- The average acquisition cost was $106,495 per Bitcoin.
- Institutional interest is rising, with over 70 entities holding Bitcoin.
- Strategy’s stock (MSTR) has gained over 27% year-to-date.
Strategy continues to expand its Bitcoin treasury by acquiring an additional 705 BTC at an average price of $106,495 each, bringing their total holdings to 580,955 BTC. Institutional interest in Bitcoin is growing as more than 70 entities now include it in their balance sheets.
Source (2.6)https://cryptobriefing.com/strategy-bitcoin-acquisition-continues/?rand=59535
