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On August 31, Strategy, a Bitcoin treasury company founded by Michael Saylor, announced that it will officially restart plans to increase its holdings after suspending coin purchases for 10 weeks. According to documents recently disclosed by the SEC, the company spent about 370 million US dollars to buy 4,603 bitcoins last week, the first purchase since June of this year. According to reports, the funds for this coin purchase came from funds raised by the company through the issuance of common shares at market prices, and the average purchase price was about 80,318 US dollars/piece. With this increase in holdings, Strategy's total Bitcoin holdings have climbed to 845,050, with a total value of about $66 billion.
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On August 31, Strategy, a Bitcoin treasury company founded by Michael Saylor, announced that it will officially restart plans to increase its holdings after suspending coin purchases for 10 weeks. According to documents recently disclosed by the SEC, the company spent about 370 million US dollars to buy 4,603 bitcoins last week, the first purchase since June of this year. According to reports, the funds for this coin purchase came from funds raised by the company through the issuance of common shares at market prices, and the average purchase price was about 80,318 US dollars/piece. With this increase in holdings, Strategy's total Bitcoin holdings have climbed to 845,050, with a total value of about $66 billion.
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