Michael Saylor has just announced that Strategy has carried out its largest Bitcoin purchase since the beginning of the year.
You have to go back to November 2024 to see such a large amount of BTC purchased by Strategy.
Strategy bought 22,337 BTC last week at around $70,194 per bitcoin, surpassing the previous record of 22,307 BTC purchased in January.
Despite a correction of more than 50%, Strategy continues to hold the BTC it previously acquired and keeps raising funds through convertible notes or the issuance of new shares on the stock market.
Today, Strategy announced that it holds 761,068 BTC acquired at an average price of about $75,696 per bitcoin.
With Bitcoin back around $74,000, Michael Saylor’s company is now close to breaking even again on its BTC holdings.
Written by Darkfost