Strategy stacks another 811 Bitcoin in $65.5M buy
Strategy just bought 811 BTC for $65.5M, according to Cointelegraph, lifting its total stash to 849,327 coins. The purchase works out to roughly $80,800 per bitcoin and keeps the Michael Saylor-led firm far ahead of other public companies hoarding the asset.
Strategy is back at it. The bitcoin treasury company picked up another 811 BTC in a single buy worth $65.5M, according to Cointelegraph.
That purchase pushes its total stack to 849,327 BTC, a hoard that keeps the firm in a league of its own among public companies holding the asset.
Do the math on the buy and the coins came in at roughly $80,800 apiece. The company, led by Michael Saylor, has built its identity around accumulating bitcoin and holding it rather than trading in and out.
The latest scoop lands as another headline in what has become a steady drumbeat of purchases from Strategy. Each disclosure draws attention because of the sheer size of the position involved.
For now, the number that matters is 849,327 — and the 811 coins that just joined it.
TopicsStrategy · BTC · Bitcoin · Michael Saylor · Cointelegraph
Source: x.com
Written by Paparazzi with AI. Not financial advice.
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