Strategy and Strive buy $183 million in Bitcoin as $85,000 rally revives treasury trade
Bitcoin treasury companies Strategy and Strive bought about $183 million of BTC last week as the cryptocurrency’s rebound helped corporate balance sheets recover losses. Strategy Inc., the largest corporate holder of Bitcoin, acquired 950 BTC for $75.7 million between Sept. 14 and Sept. 20 at an average price of $79,670, according to a regulatory filing […] The post Strategy and Strive buy $183 million in Bitcoin as $85,000 rally revives treasury trade appeared first on CryptoSlate.
Key Takeaways
- Bitcoin treasury companies Strategy and Strive bought about $183 million of BTC last week as the cryptocurrency’s rebound helped corporate balance sheets recover losses.
- Strategy Inc., the largest corporate holder of Bitcoin, acquired 950 BTC for $75.7 million between Sept.
- 20 at an average price of $79,670, according to a regulatory filing […] The post Strategy and Strive buy $183 million in Bitcoin as $85,000 rally revives treasury trade appeared first on CryptoSlate.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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