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Strategy makes first back-to-back Bitcoin buys since June as accumulation picks up

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Strategy makes first back-to-back Bitcoin buys since June as accumulation picks up

Michael Saylor-led Strategy (formerly MicroStrategy) has made back-to-back weekly Bitcoin purchases for the first time since June, rebuilding its holdings after selling some of the cryptocurrency earlier this quarter. On Sept. 28, the company said it acquired 1,665 Bitcoin for $142.7 million during the week ended Sept. 27, paying an average of $85,681 per token. That followed […] The post Strategy makes first back-to-back Bitcoin buys since June as accumulation picks up appeared first on CryptoSlate.

Key Takeaways

  1. Michael Saylor-led Strategy (formerly MicroStrategy) has made back-to-back weekly Bitcoin purchases for the first time since June, rebuilding its holdings after selling some of the cryptocurrency earlier this quarter.
  2. 28, the company said it acquired 1,665 Bitcoin for $142.7 million during the week ended Sept.
  3. 27, paying an average of $85,681 per token.
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Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.