Strategy resumes buying bitcoin after a recent period that included a reported sale. CoinDesk reports the company buys 1,550 BTC, marking its first such purchase since it sold $2.5 million worth of bitcoin. CoinDesk also says the purchase is funded by cash and proceeds from raising $181 million through stock sales. CoinTelegraph similarly reports that Strategy purchases 1,550 BTC for $101.3 million, and describes this as a resumption following a “controversial” sale of 32 BTC reported last week. CoinTelegraph states the company’s total bitcoin holdings reach 845,256 BTC after the latest purchase, reflecting the impact of the prior sale. Across the two accounts, the company’s action is consistent: Strategy acquires 1,550 bitcoin for about $101.3 million, and the company’s capital raising activity through stock sales is cited as part of the funding backdrop. Both sources present the move as part of Strategy’s broader bitcoin accumulation strategy, with changes in holdings linked to both the recent sale and the new purchase.
Strategy resumes Bitcoin purchases with $101.3M buy of 1,550 BTC
Strategy resumes buying bitcoin after a recent period that included a reported sale. CoinDesk reports the company buys 1,550 BTC, marking its first such purchase since it sold $2.5 million worth of bi...
- Strategy buys 1,550 bitcoin.
- CoinTelegraph reports the purchase costs $101.3 million.
- CoinDesk says the purchase is the first since Strategy sold $2.5 million worth of bitcoin.
- CoinDesk reports Strategy raises $181 million through stock sales.
- CoinTelegraph says total holdings rise to 845,256 BTC after the purchase and prior activity.
Strategy resumed Bitcoin buying by purchasing 1,550 BTC for $101.3 million, bringing its total holdings to 845,256 BTC after last week’s controversial sale.
2 months agoStrategy adds bitcoin and cash after raising $181 million through stock sales.
2 months ago
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