Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added more BTC to its balance as the price tumbled to $112,000 last week.
Strategy acquired 3,081 Bitcoin (BTC) for $
Saylor’s business intelligence software company purchased its latest Bitcoin batch at an average price of $115,829 per coin, as BTC started the week at around $116,700 and slipped to $112,000 on Thursday, according to CoinGecko.
Source: Strategy
The acquisition brought Strategy’s total Bitcoin holdings to 632,457 BTC, purchased for about $46.5 billion at an average price of $73,527 per coin.
Strategy buys 3,666 BTC in August
Strategy’s latest Bitcoin acquisition comes after two modest purchases, including a 430 BTC purchase announced last Monday and another 155 BTC buy the previous week.
With the new purchase, Strategy acquired 3,666 BTC this month, a significant decline from the 31,466 BTC bought in July. In June, Strategy purchased 17,075 BTC.
This is a developing story, and further information will be added as it becomes available.
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