Strategy Buys 950 Bitcoin and Rebuilds Its 846,000 BTC Hoard
Strategy is buying bitcoin again, but the bigger number is already sitting on its balance sheet. Michael Saylor’s company picked up 950 BTC for $75.7 million last week, lifting its stash to exactly 846,000 BTC, roughly 4% of all bitcoin that can ever exist. At the same time, Strategy spent another $174 million repurchasing STRC […]
Key Takeaways
- Strategy is buying bitcoin again, but the bigger number is already sitting on its balance sheet.
- Michael Saylor’s company picked up 950 BTC for $75.7 million last week, lifting its stash to exactly 846,000 BTC, roughly 4% of all bitcoin that can ever exist.
- At the same time, Strategy spent another $174 million repurchasing STRC […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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