Strategy purchased an additional $142.7 million in Bitcoin last week at an average price of $85,681 per coin. The acquisition brings the company's total Bitcoin holdings to a current market value of $71.24 billion.
The firm acquired its entire position for $63.95 billion at an average cost basis of $75,437. With Bitcoin currently trading 11.4% above this average entry price, Strategy sits on unrealized gains of $7.29 billion.
Strategy Adds $142.7M in Bitcoin as Holdings Reach $71.24B Valuation
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.