Michael Saylor’s Strategy makes smallest Bitcoin purchase on record
Despite the Bitcoin price falling to multi-month lows below $80,000 last week, Strategy’s latest buy was the smallest ever announced BTC purchase by the firm.
Michael Saylor’s Strategy, the world’s largest public corporate Bitcoin holder, has announced its smallest Bitcoin purchase on record.
Strategy on March 17 officially announced its latest 130 Bitcoin (BTC) acquisition, bought for around $10.7 million in cash, or at an average price of roughly $82,981 per BTC.
The latest Bitcoin purchase was made using proceeds from the “STRK ATM,” a new Strategy’s program looking to raise up to $21 billion in fresh capital to acquire more BTC.
