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Billionaire Michael Saylor Purchases 850 BTC at $117K, Total Holdings at 639K BTC

Billionaire Michael Saylor’s Strategy Inc. announced on Monday it has purchased an additional 850 BTC for approximately 99.7million,bringingitstotalbitcoinholdingstonewheights.Theaveragepurchasepriceforthelatesttranchewas99.7 million, bringing its total bitcoin holdings to new heights. The average purchase price for the latest tranche was 117,344 per bitcoin, inclusive of fees and expenses. The purchase was funded using proceeds from the company’s at-the-market equity programs, particularly the STRF and MSTR issuances. This latest acquisition shows Strategy’s ongoing commitment to using its balance sh ...