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Crypto

$369.7 Million Investment: Strategy Buys 4,603 Bitcoin

Guavy AI Editorial Team
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BTC
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Strategy, the company behind $MSTR, has made a significant investment in Bitcoin. Between August 24 and 30, it purchased 4,603 Bitcoin for approximately $369.7 million, with an average price of $80,318 per Bitcoin, including fees and expenses.

This purchase brings Strategy's total Bitcoin holdings to 845,050, acquired at an aggregate average price of $75,412 per Bitcoin.

The company funded this purchase using proceeds from the sale of 4,531,421 MSTR shares through its at-the-market program, generating $602.8 million in net proceeds.

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