Strategy Resumes Bitcoin Purchases After Three-Week Hiatus
Strategy Inc., led by Michael Saylor, has returned to buying Bitcoin after a three-week hiatus. Between September 14 and 20, the company purchased 950 BTC worth approximately $75.7 million at an average price of $79,670 per coin.
This marks Strategy's first purchase since August 31, with their total stash now standing at 846,000 BTC. The firm has spent around $63.8 billion accumulating this position over the years, making it the largest corporate holder of Bitcoin globally.
At Bitcoin's recent trading price near $85K, Strategy's entire position carries a market value of roughly $72 billion, resulting in unrealized gains of approximately $8 billion.