Follow like share
Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued stacking Bitcoin last week as the cryptocurrency surged past $122,000 for the first time on July 14.
Strategy acquired 6,220 Bitcoin
BTC
$118,970
for $739.8 million during the week ending Sunday,accordingto a US Securities and Exchange Commission filing on Monday.
Strategy’s new Bitcoin purchases were made at an average price $118,940 per coin, with BTC starting the week at historic levels above $122,000 before dropping to an intraweek low of $116,000 and consolidating at around $118,000, according to CoinGecko
The acquisition increased Strategy’s Bitcoin holdings to 607,770 BTC, purchased for about $43.6 billion at an average price of $71,756 per coin.