Strategy Buys 950 More Bitcoin for $76 Million, Pushing Holdings to 846,000 BTC
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· body · New information from a source
Strategy acquired $75 million worth of bitcoin last week, according to CoinDesk and The Block.The purchase brings the company's total bitcoin holdings to 846,000 BTC, representing roughly 4% of the 21 million bitcoin supply cap and worth approximately $72 billion at current valuations.- Strategy purchased 950 bitcoin for roughly $75.7 million after a two-week pause, according to Cointelegraph.
- The company also spent $174 million repurchasing its STRC preferred stock, Cointelegraph reported.
- The buy brings Strategy's total bitcoin holdings to 846,000 BTC, according to The Block, which notes the stash equals about 4% of Bitcoin's 21 million supply cap and is worth roughly $72 billion.
- CoinDesk put the value of last week's purchase at $75 million.
- Decrypt reported that Strategy's holdings had bottomed at 840,447 BTC in August before climbing 5,553 BTC to the current level, putting the company within 0.2% of its June record high.
· summary · New information from a source
Strategy purchased 950 bitcoin last week, pushing its total holdings to 846,000 BTC.- Strategy resumed bitcoin purchases after a pause, buying 950 BTC for $76 million and pushing its total holdings to 846,000 BTC.
· headline · New information from a source
Strategy adds $75 million in bitcoin, expanding holdings to 846,000 BTC- Strategy Buys 950 More Bitcoin for $76 Million, Pushing Holdings to 846,000 BTC
Every change made to this story after publication is recorded here automatically. A factual error gets a correction as well, on the corrections page.
Strategy purchased 950 bitcoin for roughly Strategy bought 950 Bitcoin for $75.7 million after a two-week pause and spent another $174 million repurchasing its STRC preferred stock.
after a two-week pause, according to Cointelegraph. The company also spent Strategy buys 950 Bitcoin for $76M, repurchases $174M in STRC.
repurchasing its STRC preferred stock, Cointelegraph reported.
The buy brings Strategy’s total bitcoin holdings to 846,000 BTC, according to The Block, which notes the stash equals about Strategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $72 billion.
of Bitcoin’s Strategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $72 billion.
supply cap and is worth roughly Strategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $72 billion.
. CoinDesk put the value of last week’s purchase at Strategy returns to bitcoin buys, adding $75 million of BTC last week.
.
Decrypt reported that Strategy’s holdings had bottomed at 840,447 BTC in August before climbing 5,553 BTC to the current level, putting the company within They have since climbed 5,553 BTC, to within 0.2% of the high.
of its June record high.
Sources: CoinDesk, The Block, Cointelegraph, Decrypt
This article is for information only and is not financial advice.
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Story so far 2 updates
- digestStrategy adds $75 million in bitcoin, expanding holdings to 846,000 BTCfirst reported · 2 sourcescoindesk.com · theblock.co
- storyStrategy Buys 950 More Bitcoin for $76 Million, Pushing Holdings to 846,000 BTCupdate · 4 sourcescoindesk.com · theblock.co · cointelegraph.com · decrypt.co
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