Strategy Invests $427 Million to Acquire 4,020 Bitcoins
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.

Policies
Are Stablecoins Primarily Used for Money Laundering? Blockchain Analysis Firm Reports 99% of Stablecoin Transactions Will Be for Legitimate Purposes in 2024.
2 weeks ago
0 13

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

Policies
VanEck's Proposed Solana Spot ETF Listed on DTCC Under Code VSOL
2 weeks ago
0 13

VanEck’s Proposed Solana Spot ETF Listed on DTCC Under Code VSOL

Policies
Should We Add or Reduce Positions? ETH Whale Goes Against the Trend with $200 Million Increase, BTC Bulls Forced to Stop Losses After Two Consecutive Pullbacks
2 weeks ago
0 13

Should We Add or Reduce Positions? ETH Whale Goes Against the Trend with $200 Million Increase, BTC Bulls Forced to Stop Losses After Two Consecutive Pullbacks

Policies
JPMorgan to Test Dollar Deposit Token JPMD via Ethereum Layer 2 Network Base
2 weeks ago
0 14

JPMorgan to Test Dollar Deposit Token JPMD via Ethereum Layer 2 Network Base

Policies
The People's Bank of China to Establish an International Operation Center for Digital Currency, Governor Discusses the Impact of Stablecoins on Cross-Border Payments
2 weeks ago
0 93

The People’s Bank of China to Establish an International Operation Center for Digital Currency, Governor Discusses the Impact of Stablecoins on Cross-Border Payments

Policies
Glassnode: Bitcoin Buyers Holding for Less Than a Year Become Major Source of Selling Pressure, While Long-Term Holders Opt to Stand By
3 weeks ago
0 16

Glassnode: Bitcoin Buyers Holding for Less Than a Year Become Major Source of Selling Pressure, While Long-Term Holders Opt to Stand By

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Your email address will not be published.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 …