tldr; Strategy Inc. (formerly MicroStrategy) has acquired an additional 22,337 Bitcoin for $1.57 billion at an average price of $70,194 per BTC. This purchase brings the company’s total Bitcoin holdings to 761,068 BTC, acquired at a cumulative cost of $57.61 billion with an average acquisition price of $75,696 per BTC. The acquisition reflects Strategy’s ongoing commitment to Bitcoin as its primary treasury reserve asset and reinforces its position as a major institutional holder of the cryptocurrency.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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tldr; Strategy Inc. (formerly MicroStrategy) has acquired an additional 22,337 Bitcoin for $1.57 billion at an average price of $70,194 per BTC. This purchase brings the company’s total Bitcoin holdings to 761,068 BTC, acquired at a cumulative cost of $57.61 billion with an average acquisition price of $75,696 per BTC. The acquisition reflects Strategy’s ongoing commitment to Bitcoin as its primary treasury reserve asset and reinforces its position as a major institutional holder of the cryptocurrency.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
What a dumb time to buy.