$BTC
#BTCReclaims120K
Strategy Adds 155 BTC to Treasury as Bitcoin Nears Record Highs
Strategy purchased 155 BTC for $18 million at an average price of $116,401, funded by STRF stock sales.
The company now holds 628,946 BTC acquired for $46.09 billion at an average price of $73,288.
MSTR stock rose 3% following the purchase, driven by Bitcoin’s surge above $122,000 over the weekend.
Michael Saylor’s company, Strategy, formerly known as MicroStrategy, has added 155 Bitcoins to its treasury. The acquisition cost $18 million, with an average purchase price of $116,401 per Bitcoin.
Following the latest purchase, Strategy’s Bitcoin holdings have reached 628,946 BTC. The company has invested a total of $46.09 billion in Bitcoin at an average price of $73,288.
Saylor has emphasized his continued commitment to Bitcoin, with recent comments signaling that the company will keep adding to its holdings. Several companies have since followed this model, but Strategy remains the earliest major adopter.
