Main page News, Bitcoin

Strategy, the largest Bitcoin holder, purchased an additional 245 BTC worth $26 million last week, taking advantage of the price drop due to geopolitical tensions.

According to a document filed with the SEC on Monday, the company purchased the Bitcoins at an average price of $105,856 per coin.

BTC had fallen from $108,900 on June 16 to less than $99,000 during the week.

This is one of Strategy's smallest purchases in months, the smallest since March, when it acquired 130 BTC for $10.7 million.

Despite the decline, the company did not significantly increase its purchase volume, which has raised questions among analysts.

MicroStrategy now owns 592,345 BTC, acquired for $41.9 billion at an average price of $70,681 per coin.

Read also:
Strawberry Cake Media Corp. © 2025 Cookie Policy Editorial team Archive

ihodl.com is an illustrated edition about cryptocurrencies and financial markets.
Every day we publish the best materials for everyone interested in economy.