Strategy Makes Second-Smallest Bitcoin Purchase Since November
Strategy bought $26 million of Bitcoin over the past seven days, the second-smallest weekly acquisition announced by the Michael Saylor-led digital-asset treasury company since he ramped up its cryptocurrency purchases more than six months ago.
The company, formerly known as MicroStrategy Inc., acquired 245 Bitcoin from June 16 to June 22 at an average price of $105,856 each, according to filing with the US Securities and Exchange Commission on Monday. While Strategy has skipped buying some weeks, it was the smallest amount bought since it purchased 130 tokens during the period ending March 17. The Tysons Corner, Virginia-based company owns about $60 billion worth of Bitcoin.
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