Strategy Acquires $1.25 Billion in Bitcoin, Largest Purchase Since Summer
- Strategy purchased 13,627 Bitcoin for approximately $1.25 billion.
- The average purchase price was about $91,519 per Bitcoin.
- Total Bitcoin holdings now stand at 687,410 BTC.
- Overall investment in Bitcoin by the company is roughly $51.80 billion.
- Average purchase price across all holdings is approximately $75,353 per coin.
This significant acquisition reinforces Strategy’s position as the largest corporate holder of Bitcoin globally. Executive Chairman Michael Saylor confirmed that the firm will not be delisted from the MSCI index despite concerns regarding companies with substantial digital asset holdings.
The latest purchase marks Strategy’s most substantial investment in Bitcoin since last summer and highlights its ongoing commitment to cryptocurrency assets. (Source)
