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Saylor signals third consecutive Strategy Bitcoin buy in August

From cointelegraph.com

Strategy co-founder Michael Saylor signaled an impending Bitcoin purchase, and, if completed, the transaction will mark the company’s third BTC acquisition in August. The company’s most recent Bitcoin buy occurred on August 18, when Strategy purchased 430 BTC for $51.4 million, bringing its total holdings to 629,376 BTC, valued at over $72 billion at the time of this writing. Data from SaylorTracker shows Strategy is up over 56% on its BTC investment, representing over $25.8 billion in unrealized gains at current prices. {chart} The company’s BTC acquisitions in August have been relatively slim. Strategy typically ... (full story)

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