according to materials from the website - By Cointelegraph
Michael Saylor's Strategy company, the largest publicly traded holder of bitcoin in the world, made another major investment in this asset this week. BTC soared to a new all-time high of $118,000.
Strategy purchased 4,225 bitcoins (BTC) for $472.5 million last week, which the company reported in a statement filed with the U.S. Securities and Exchange Commission on Monday.
According to CoinGecko, the average cost of new bitcoin purchases by Strategy was $111,827 per coin, with the price of BTC rising from around $108,000 last Monday to $118,000 by the end of the week.
This acquisition increased Strategy's BTC holdings to 601,550 BTC, purchased for approximately $42.87 billion at an average price of $71,268 per coin. Strategy's first purchase was in July.
Strategy's latest bitcoin purchase was officially disclosed in July, following a brief pause in the first week of the month.
During this period, Strategy announced a stock sale of $4.2 billion and reported an unrealized profit of $14 billion for the second quarter of 2025. A similar pause occurred in early April, likely in connection with the company's preparation for the announcement of first-quarter earnings.
According to Strategy, thanks to the new purchases, Strategy's year-to-date bitcoin revenue has reached 88,062 BTC, or $10.9 billion, compared to a profit of 140,538 BTC for the entire year of 2024, or $13 billion.
