Strategy Buys More BTC.
Strategy has bought another 4,020 BTC for $427.1 million at $106,237 per coin. As of May 25, Saylor and Co. have bought 580,250 BTC for $40.61 billion at $69,979 per BTC.
Saylor also advised companies not to publish proof of Bitcoin reserves, saying it is a “bad idea” that increases the risk of a security breach.
“It actually undermines the security of the issuer, the custodians, the exchanges, and the investors. It is not a good idea, it is a bad idea.”
“No institutional or enterprise-level security analyst would think it is a good idea to publish all your wallet addresses so that you can be traced back and forth.”