Strategy Buys $370 Million of Bitcoin in Past Week
Strategy made its first Bitcoin purchase in two months, buying 4,603 Bitcoins for $369.7 million at an average of $80,318 per BTC. The company funded the move by selling $602.80 million of common stock. Led by Executive Chairman Michael Saylor, Strategy now owns 845,050 Bitcoins purchased for $63.73 billion.