Strategy net buying recovery: buys 1e8 USD worth of 1,550 BTC, with holdings reaching 845,256 BTC
Strategy bought 1,550 bitcoins for about $100 million between June 1 and July 7, at an average price of roughly $65,332 per coin. After the purchase, Strategy’s total bitcoin holdings rose to 845,256. The funds came from selling 1,409,600 shares of MSTR Class A common stock, raising $181 million. This buy was the first return to net buying since late May, when it sold 32 bitcoins. Background and market interpretation of the sale of 32 BTC In an 8-K filing submitted to the SEC on June 1, Strategy
MarketWhisper·06-09 02:57
