✉news BusinessCrypto first seen 1 d ago, last 1 d ago, peak #7
Michael Saylor's Strategy Buys 334 More Bitcoin
Original: Michael Saylor’s Strategy Buys 334 Bitcoin for $28.7 Million
Strategy, the Bitcoin treasury firm led by Michael Saylor, has purchased an additional 334 Bitcoin for approximately $28.7 million. The purchase continues the company's long-running practice of accumulating Bitcoin through debt and equity offerings. The average price implied is roughly $85,900 per coin, and the acquisition keeps Strategy among the largest corporate holders of Bitcoin.
Why now: Strategy's weekly Bitcoin purchases are closely watched as a signal of institutional demand and market sentiment.
Evidence
- Michael Saylor’s Strategy Buys 334 Bitcoin for $28.7 Million · Altcoin Buzz
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