Strategy Boosts Bitcoin Exposure With 950 BTC Amid Rally to $84.5K
TL;DR
Strategy resumed bitcoin purchases last week, adding 950 BTC for about $75.7 million, funded from its USD reserve and cash. The move increases Strategy’s total BTC holdings to roughly 846,000 coins, purchased at an average price of $74,417 per coin. With bitcoin near $84,500, Strategy’s shares were up about 7% in pre-market trading.
- Strategy resumes bitcoin purchases as BTC rallies back to $84,500 CoinDesk
- Michael Saylor's Strategy jumps as the company says it bought more bitcoin Yahoo Finance
- Strategy buys 950 BTC, shrinks STRC with $174M buyback Seeking Alpha
- Bitcoin Is at Its Highest Price Since January. Strategy Buys the Cryptocurrency. Barron's
- Saylor’s Strategy Makes First Purchase of Bitcoin Since August Bloomberg.com
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