
Strategy Invests $1.92 Billion to Acquire 22,048 Bitcoins
Strategy Invests $1.92 Billion to Acquire 22,048 Bitcoins
Announcement from Strategy
On Monday, the American software company Strategy (formerly MicroStrategy) announced that it had purchased approximately 22,048 bitcoins between March 24 and March 30, at a cost of about $1.92 billion, with an average purchase price of approximately $86,969.
Current Holdings
As of March 30, Strategy and its subsidiaries collectively hold 528,185 bitcoins, with a total cost of approximately $35.63 billion and an average purchase price of about $67,458. Based on the current bitcoin price of approximately $82,800, the total value of these bitcoins is $43.7 billion.
Bitcoin Momentum Slows! Leverage Risks Mount as Market Eyes Key Support at $110,000
On-Chain Analysis Company Glassnode ReportsOn-chain analysis company Glassnode noted in it…