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Crypto

Strategy MSTR Dives Deeper into Bitcoin with Second Consecutive Weekly Purchase

Guavy AI Editorial Team
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BTC
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Michael Saylor's 'Even more orange' post on Sunday preceded Strategy MSTR's second consecutive weekly Bitcoin purchase, this time for $142.7 million.

The company bought 1,665 BTC between September 21 and 27 at an average price of $85,681 per coin.

Strategy's total Bitcoin holdings now stand at 847,666 BTC, acquired for a total of $63.95 billion at an average price of $75,437 per coin.

The funding for this purchase came from selling MSTR shares through its at-the-market program, generating $246.2 million in net proceeds.

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