Strategy Buys 1,665 More Bitcoin for $143 Million, Holdings Reach 847,666 BTC
Strategy, the bitcoin treasury company led by Michael Saylor, purchased 1,665 BTC for ‘Even more orange’: Strategy buys 1,665 bitcoin for $143 million as total holdings reach 847,666 BTC.
, bringing its total holdings to 847,666 BTC, according to The Block, Cointelegraph and Decrypt.
- The purchase took place last week, according to Decrypt, and set a new record for the company’s bitcoin stash.
- Strategy’s holdings now represent around
Strategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $70 billion.
of theStrategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $70 billion.
bitcoin supply cap and are worth roughlyStrategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $70 billion.
, according to The Block. - Cointelegraph reported that Strategy sold
Strategy sold 1.47 million MSTR shares for $246.2 million, using the proceeds for Bitcoin purchases and STRC preferred stock repurchases.
MSTR shares forStrategy sold 1.47 million MSTR shares for $246.2 million, using the proceeds for Bitcoin purchases and STRC preferred stock repurchases.
, with the proceeds directed toward bitcoin purchases and repurchases of its STRC preferred stock.
The purchase continues Strategy’s practice of funding bitcoin acquisitions through equity sales, a strategy the company has pursued since adopting bitcoin as its primary treasury asset.
Sources: The Block, Cointelegraph, Decrypt
This article is for information only and is not financial advice.
What the market did
Each figure is this site’s own reading, with what it was measured against. A blank is a reading nobody took, not a zero. The before-the-headline window prints the rate a RANDOM hour clears the same bar, because a hit rate without its null is not a finding.
Cite this
Archived copy · an independent capture of this page at the Internet Archive, kept so this report can be checked against what it said on the day
← more bytes
