Following a week of Bitcoin buying pause, Michael Saylor’s Strategy has gone back to accumulation with a fresh acquisition.
Strategy Has Bought Another $27.2 Million Worth Of Bitcoin
As announced by Strategy co-founder and chairman Michael Saylor in an X post , the Bitcoin treasury company has just made a new purchase. The buy, which occurred between October 6th and 12th, involved a sum of 220 BTC at an average price of $123,561 per token or a total cost of $27.2 million.
Strategy has been a pretty consistent buyer of the cryptocurrency in recent months, but last week was one of those rare occasions where it took a break from the usual Monday acquisitions.
Although the latest purchase is on the smaller side, it nonetheless signals a return of accumulation for the firm. According to