Strategy adds 1,036 bitcoin for $81.9 million as holdings slip below cost
Strategy, the business intelligence firm led by Executive Chairman Michael Saylor, purchased an additional 1,036 bitcoin last week at a total cost of $81.9 million. The company disclosed that it acquired the new coins at an average price of $79,012 per bitcoin between November 2 and November 8, according to a Monday 8-K filing. This latest acquisition increases Strategy’s total bitcoin holdings to 850,364 BTC, acquired for $64.16 billion at an average cost of $75,456 per coin.