#SaylorBTCPurchase
Michael Saylor's strategy acquired 6,556 Bitcoin for $555.8 million last week
Michael Saylor's strategy has acquired 6,556 Bitcoin for $555.8 million, bringing total holdings to 538,200 BTC, according to the company's latest filing with the SEC.
Michael Saylor's Strategy, one of the largest corporate Bitcoin holders publicly traded in the world, added another significant purchase to its growing portfolio as the cryptocurrency trades near $85,000.
Strategy acquired 6,556 Bitcoin for $555.8 million between April 14 and April 20, at an average price of $84,785 per coin, the company announced in its latest Form 8-K filing with the U.S. Securities and Exchange Commission.
The latest purchase represents 1.2% of Strategy's total Bitcoin holdings of 538,200 BTC as of April 20, acquired for a total amount of $36.5 billion at an average price of $67,766 per BTC.