Strategy continues its active investment in Bitcoin with a recent purchase of $26 million worth of the cryptocurrency.
Recent BTC Purchase
Strategy acquired 245 BTC for approximately $26 million at an average price of around $105,856 per Bitcoin. This purchase took place amidst a growing cryptocurrency market.
Total Holdings and Average Price
As of now, Strategy holds 592,345 BTC, acquired for about $41.87 billion. The average cost for the total holdings is $70,681 per Bitcoin, reflecting the company’s long-term strategy in digital assets.
Comparison with Previous Purchases
The recent acquisition significantly lags behind previous transactions when Strategy spent $1.05 billion to buy 10,100 BTC at an average price of around $104,080 per Bitcoin. This highlights the company’s active position in the market as it continues to expand its BTC investments.
Strategy's investment approach continues to show results despite the recent downturn in purchase sizes. The company maintains a substantial Bitcoin holding, underscoring its long-term commitment to this digital asset.
