Strategy announces acquisition of approximately $740 million worth of 7633 bitcoins.

Strategy announced on Monday that the company had purchased 7,633 bitcoins from February 3rd to February 9th, at a cost of approximately 742.4 million US dollars, with an average purchase price of around 97,255 US dollars.

As of February 9th, Strategy and its subsidiaries held a total of 478,740 bitcoins, with a total cost of approximately 31.1 billion US dollars and an average purchase price of around 65,033 US dollars.

In addition, Metaplanet, a Japanese listed company that has been adopting bitcoin as its strategic reserve asset since last year, announced today its plan to issue ordinary bonds worth 4 billion Japanese yen to purchase more bitcoins.

Related articles: “Strategy, formerly known as MicroStrategy, reshapes its brand! Key highlights from Q4 financial report” and “Metaplanet plans to increase bitcoin holdings to 10,000 BTC this year.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Are Stablecoins Primarily Used for Money Laundering? Blockchain Analysis Firm Reports 99% of Stablecoin Transactions Will Be for Legitimate Purposes in 2024.

Table of Contents Toggle Stablecoin Usage Becomes Increasingly Compliant TRM …