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11 Articles
Bitcoin Treasury Giant Strategy Adds $168.4M in BTC as Accumulation Continues
The post Bitcoin Treasury Giant Strategy Adds $168.4M in BTC as Accumulation Continues appeared on BitcoinEthereumNews.com. Bitcoin Treasury Giant Strategy purchases 2,486 BTC worth $168.4M, boosting holdings to 717,131 BTC while maintaining aggressive accumulation despite crypto market volatility and price pressure. Strategy expanded its Bitcoin holdings with another large market purchase. The company strengthened the long-term Bitcoin treasury…
Strategy Buys 2,486 Bitcoin But MSTR Dives Another 3% - Strategy (NASDAQ:MSTR)
Strategy (NASDAQ:MSTR) bought 2,486 Bitcoin (CRYPTO: BTC) for $168.4 million between February 9 and February 16 at an average price of $67,710. The Latest Purchase Strategy funded the buy through two sources: $90.5 million in common stock sales and $78.4 million from STRC preferred stock sales. Total holdings now stand at 717,131 BTC acquired for $54.52 billion at a $76,027 average cost basis. The math is painful. With Bitcoin at $68,000, Strat…
MicroStrategy Expands Bitcoin Holdings to $50 Billion Despite Market Woes
MicroStrategy, now known as Strategy (NASDAQ: MSTR), expanded its Bitcoin holdings last week amid continued market challenges. The company purchased 2,486 Bitcoin, bringing its holdings to over 717,000 coins. This purchase, valued at nearly $50 billion, reflects Strategy’s unwavering commitment to Bitcoin, despite bearish market conditions. Last week, Strategy bought 2,486 Bitcoin, spending $168 million. With this latest acquisition, its Bitcoin…
No week without new Bitcoin purchases. Michael Saylor remains true to his course – although Strategy slips into the minus. Source: BTC-ECHO BTC-ECHO
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