Strategy Resumes Bitcoin Accumulation with $75.7M Purchase

Michael Saylor's Strategy has resumed its Bitcoin accumulation program after a two-week pause. According to an SEC Form 8-K filed on Monday, the company purchased 950 BTC for $75.7 million at an average price of $79,670 per coin.

This latest purchase brings Strategy's total Bitcoin holdings to 846,000 BTC, acquired for roughly $63.8 billion at an average cost of $75,416 per Bitcoin, including fees and expenses.

With the current Bitcoin price around $84,925, the company reported an unrealized gain of about $8.05 billion on its treasury position.