Michael Saylor’s Strategy – the world’s biggest public company that holds Bitcoin – purchased additional BTC when the price fell below $108,000 in the last week.
Strategy acquires 4,048 BitcoinBTCBetween August 25 and September 1,, he will receive $449.3 millions. according According to an SEC filing made on Tuesday, the US Securities and Exchange Commission is attempting to regulate financial markets.
Strategy made its latest Bitcoin acquisition at an average cost of $110 981 per BTC. surged CoinGecko reports that the price of Bitcoin was above $113,000 on Friday and then dropped to below $108,000.
Strategy has now acquired 636 505 BTC at a total value of 46.95 billion dollars, an average purchase price per coin is $73,765.
Strategy’s August purchases net 7,714 BTC
Strategy’s recent Bitcoin purchase follows regular, but modest purchases in August. 3,081 BTC purchase announced last week. Other purchases made in August include a 430 BTC buy Another 155 BTC acquisition Early August is the best time to start.
In August Strategy bought 7,714 BTC. This is a dramatic drop from its previous purchase of 8,074 BTC. 31,466 BTC bought in July.
Bitcoin purchases made with proceeds of STRF ATM, STRK AT ATM, STRD AT ATM and MSTR AT ATM.
As new information becomes available, we will update this story.
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Source: cointelegraph.com
