Strategy Announces Acquisition of 6,911 Bitcoins, Bringing Total Holdings to Over 500,000
Strategy Announces Acquisition of 6,911 Bitcoins, Bringing Total Holdings to Over 500,000
Strategy Announces Acquisition of 6,911 Bitcoins, Bringing Total Holdings to Over 500,000

As the cryptocurrency market experiences a significant rebound, the American software company Strategy (formerly MicroStrategy) has once again announced its increased holdings in Bitcoin.

According to a statement released on Monday, the company purchased approximately 6,911 Bitcoins between March 17 and March 23, at a cost of about $584.1 million, with an average purchase price of around $84,529.

As of March 23, Strategy and its subsidiaries hold a total of 506,137 Bitcoins, with a total cost of approximately $33.7 billion and an average purchase price of about $66,608. Based on the current Bitcoin price of approximately $87,690, the total value of these Bitcoins is $44.38 billion.

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