Michael Saylor's Strategy made the smallest Bitcoin purchase in its history
Despite Bitcoin's price falling to multi-month lows below USD 80,000 last week, the latest purchase by Strategy was the smallest ever announced by the company.
Strategy, led by Michael Saylor, the largest publicly traded company in the world holding bitcoins, has officially announced its smallest recorded Bitcoin acquisition.
On March 17, Strategy officially announced its latest acquisition of 130 Bitcoin, purchased for about USD 10.7 million in cash, or at an average price of approximately USD 82,981 per BTC.
The latest Bitcoin purchase was made using the proceeds from the "STRK ATM," a new program by Strategy that aims to raise up to USD 21 billion in fresh capital to acquire more BTC.