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Strategy Snaps Up More Bitcoin Amid BTC Price Drop

Bitcoin treasury Strategy added 397 digital coins for around 45.6millionanaveragepriceof45.6 million—an average price of 114,771 per coin—in one of its smaller buys in recent months amid rocky price action last week and mixed reaction to its latest quarterly earnings. The Nasdaq-traded firm—formerly MicroStrategy—now holds 641,205 BTC worth 69.1billionatBitcoinscurrentpriceof69.1 billion at Bitcoin's current price of 107,774.  Last week's buy was slightly bigger than its prior Bitcoin purchase of 43million.Theweekbeforethat,thecompanyspentjust43 million. The week before that, the company spent just 19 millio ...