
Strategy Invests $427 Million to Acquire 4,020 Bitcoins
Strategy Invests $427 Million to Acquire 4,020 Bitcoins
US Software Company Strategy (formerly MicroStrategy) Announces Bitcoin Purchases
On Monday, the US software company Strategy announced that it spent approximately $427.1 million to purchase 4,020 bitcoins between May 19 and May 25, with an average purchase price of about $106,237.
As of May 25, Strategy and its subsidiaries held a total of 580,250 bitcoins, with an average purchase price of approximately $69,979, resulting in a total investment cost of about $40.61 billion.
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