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Crypto

Strategy Buys Another 950 Bitcoin Worth $76 Million Amid Recent Price Surge

Guavy AI Editorial Team
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BTC
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Business intelligence firm Strategy has added to its massive Bitcoin holdings, purchasing 950 BTC for approximately $76 million last week.

The latest acquisition takes the company's total stash to a record-breaking 846,000 BTC, worth nearly $72 billion at current prices.

The Bitcoin proxy used USD Cash for the purchase at an average price of $79,670 per coin. Bitcoin has seen significant gains recently, trading near $85,000 at press time, its highest level since late January, according to CoinGecko data.

Strategy's cumulative Bitcoin purchases now total $63.8 billion, with an average acquisition price of $75,416 per BTC.

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