Strategy (formerly MicroStrategy) has announced a massive BTC buy, purchasing 13,627 Bitcoin for approximately $1.25 billion.
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According to Michael Saylor’s announcement, this marks the company’s single largest Bitcoin purchase in nearly six months, specifically since July 29. Back then, the firm acquired 21,021 BTC for $2.47 billion.
The company has spent nearly $52 billion to acquire these coins.
The overall average price per Bitcoin is now $75,353. Bitcoin is currently changing hands at $90,547, according to CoinGecko data.
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The company made multiple purchases in the 10,000 BTC range (10,645 BTC on Dec 15 and 10,624 BTC on Dec 8), but neither crossed the $1 billion threshold in a single announcement.
Alex Dovbnya
Tomiwabold Olajide
Godfrey Benjamin
Yuri Molchan