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Strategy Latest Bitcoin Purchase: 705 BTC Bought For $75 Million

  • Strategy has purchased an additional 705 BTC, totaling 580,955 coins, at an aggregate cost of $75.1 million.
  • The latest acquisition averaged around $106,495 per Bitcoin, bringing Strategy's total Bitcoin investments to about $40.68 billion.
  • Despite Bitcoin's recent price fluctuations, Strategy's stock MSTR rose by 0.9% following the announcement.
  • Arkham Intelligence estimates Strategy's Bitcoin holdings at nearly 625,000 BTC, valued at approximately $59.92 billion, positioning the firm as a significant player in the cryptocurrency market.

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