Michael Saylor’s Strategy is the largest Bitcoin public investor in the world. Last week, as Bitcoin surged to $122,000, for the very first time, they continued their Bitcoin stacking.
Strategy purchased 6,220 BitcoinsBTCThe week ended Sunday, July 20. according According to an SEC filing made on Monday, the US Securities and Exchange Commission is a major player in global financial markets.
Strategy’s Bitcoin purchases averaged $118.940 each coin. BTC began the week above historic levels of $122,000, before falling to an intraweek minimum of $116,000, and consolidating around $118,000 according CoinGecko is a free online game.
Strategy now holds 607,770 BTC worth $43.6 billion, or $71,756 on average per coin.
Another 10,900 MSTR sold by a Strategy Executive
Strategy announced its latest Bitcoin acquisition before announcing it. submitted Last Monday, the SEC received a submission on proposed sale of securities.
Wei Ming Shao is the senior executive Vice President of Strategy. He sold an additional 10,900 Strategy shares (MSTR), worth approximately $4.9 million.
This sale was a continuation of the MSTR sales that the executive made in week prior, which totaled $25.7 Million.
The story is developing and we’ll add more information as soon as we have it.
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Source: cointelegraph.com
