Strategy Buys 334 Bitcoin For $28.7 Million as Holdings Reach Record 848,000 BTC
4 Articles
4 Articles
Bitcoin is trading sideways in the $85,000 range without any significant positive or negative news. According to CoinMarketCap, a virtual asset market data site, as of 8:30 AM on the 7th, the price of one Bitcoin was trading at $85,450, down 0.53% from 24 hours ago. At the same time, Ethereum, the leading altcoin (all virtual assets excluding Bitcoin), stood at $2,696, down 0.7% from the previous day.
Strategy Buys 334 Bitcoin For $28.7 Million as Holdings Reach Record 848,000 BTC
Strategy, the Bitcoin treasury company led by Michael Saylor, has acquired an additional 334 bitcoin for approximately $28.7 million. The purchases, made between September 28 and October 4, 2026, occurred at an average price of $85,838.80 per bitcoin, according to a Form 8-K filing with the U.S. Securities and Exchange Commission. The latest acquisition brings […]
Strategy (MSTR) Stock Rises 2% After Saylor Buys 334 More Bitcoin
TLDR Strategy bought 334 BTC between October 1 and 4 for $28.7 million, at an average price of $85,838. Total Bitcoin holdings now sit at 848,000 BTC, worth roughly $73 billion. The purchase was funded partly by selling $15.7 million worth of MSTR stock and $13 million from cash reserves. Strategy...
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