#BinanceAlphaAlert #USNonFarmPayrollReport #BTCvsETH #MetaplanetBTCPurchase Helen Partz 3 hours ago Michael Saylor’s Strategy buys $217M in Bitcoin as price holds strong Strategy’s latest 1,955 Bitcoin acquisition brought its total BTC holdings to 638,460 BTC, purchased at an average price of $73,880 per coin.
Michael Saylor’s Strategy, the world’s largest holder of Bitcoin, continued stacking the cryptocurrency as the BTC price edged up slightly last week. Strategy acquired 1,955 Bitcoin BTC $112,829 for $217.4 million between Sept. 2 and 7, according to a Tuesday US Securities and Exchange Commission filing. The purchase was made at an average price of $111,196 per coin as the cryptocurrency briefly surged above $113,000 last Friday before slipping to around $110,000, according to CoinGecko. With the new acquisition, Strategy’s total Bitcoin holdings totaled 638,460 BTC as of Sunday, purchased for approximately $47.2 billion and at an average price of $73,880 per BTC. Ongoing buying slowdown Strategy’s latest Bitcoin purchase follows a series of buys in August, totaling approximately 7,714 BTC for the month. The company’s BTC buying last month was significantly smaller than previous purchases, including a massive 31,466 BTC acquisition in July and a 17,075 BTC acquisition in June. $BTC