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Strategy Buys 22,337 Bitcoin for $1.57 Billion, Holdings Top 761,000 BTC
How Large Is Strategy’s Latest Bitcoin Purchase? Bitcoin treasury company Strategy has acquired another 22,337 BTC for roughly $1.57 billion, paying an average of $70,194 per bitcoin, according to a Form 8-K filing submitted to the US Securities and Exchange Commission. The purchases took place between March 9 and March 15 and rank as the firm’s fifth-largest acquisition since it began accumulating bitcoin. The latest purchases bring Strategy’s total holdings to 761,068 BTC. At current market prices the stash is valued at roughly $56 billion. The company said its total acquisition cost now stands near $57.6 ... (full story)
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