Michael Saylor’s Strategy buys 2,932 Bitcoin amid market sell-off
Strategy acquired $264 million of Bitcoin last week during a market pullback, boosting its holdings to more than 712,000 BTC, according to a Monday SEC filing.
Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, disclosed fresh BTC purchases as prices slid during a broader market sell-off.
Strategy acquired 2,932 Bitcoin (BTC) for $264.1 million last week, according to a US Securities and Exchange Commission filing on Monday.
The acquisitions were made at an average price of $90,061 per BTC, with Bitcoin starting the week above $93,000 and briefly tumbling below $87,000, according to CoinGecko.