Strategy buys $370M Bitcoin in first corporate purchase since June
CoinTelegraph1h agoUpdated 58m ago
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Strategy added to its BTC treasury for the first time in two months, while continuing to bolster its cash reserves and buy back its perpetual STRC preferred stock.
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Bitcoin treasury company registers 93% of shares for resale and puts third of its crypto into options
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Strategy Buys $370M of Bitcoin in First Purchase Since June
The 4,603 BTC cost an average of $80,318, some 29% above what the company took for the coins it sold this summer.
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Strategy returns to bitcoin buys, adding $370 million of BTC last week
It's the first week of bitcoin purchases for the Michael Saylor-led company in about two months.
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