Strategy’s latest 1,955 Bitcoin acquisition brought its total BTC holdings to 638,460 BTC, purchased at an average price of $73,880 per coin.
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Michael Saylor’s Strategy, the world’s largest holder of Bitcoin, continued stacking the cryptocurrency as the BTC price edged up slightly last week.
Strategy acquired 1,955 Bitcoin () for $217.4 million between Sept. 2 and 7, to a Tuesday US Securities and Exchange Commission filing.
The purchase was made at an average price of $111,196 per coin as the cryptocurrency briefly surged above $113,000 last Friday before slipping to around $110,000, to CoinGecko.
With the new acquisition, Strategy’s total Bitcoin holdings totaled 638,460 BTC as of Sunday, purchased for approximately $47.2 billion and at an average price of $73,880 per BTC.
Strategy’s latest Bitcoin purchase follows a series of buys in August, for the month.
The company’s BTC buying last month was significantly smaller than previous purchases, including a in July and a 17,075 BTC acquisition in June.
The latest purchase was made using proceeds from three of Strategy’s at-the-market (ATM) equity offerings, including the Series A Perpetual Strife Preferred Stock (STRF), the Series A Perpetual Strike Preferred Stock (STRK) and its own Common A stock MSTR.
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