menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Strategy B...
source image

Bitcoinmagazine

1w

read

91

img
dot

Strategy Buys $765 Million Worth of Additional Bitcoin

  • Strategy has acquired 7,390 Bitcoin for approximately $764.9 million, bringing their total Bitcoin holdings to 576,230 BTC worth $59 billion.
  • The company purchased the Bitcoin at an average price of $103,498 per coin between May 12 and May 18, funded through stock offerings.
  • Strategy is facing a class action lawsuit alleging misleading statements about their Bitcoin investment strategy.
  • Despite legal challenges, Strategy remains the largest corporate holder of Bitcoin and continues to aggressively acquire more, utilizing ATM offerings.

Read Full Article

like

5 Likes

For uninterrupted reading, download the app