MicroStrategy purchased 4,603 BTC for $369.7M, bringing total holdings to 845,050 BTC; Ehan Strive CEO also acquired 1,800 BTC for $143M.
Macro & Markets ·
Strategy acquired 4,603 BTC between August 24 and August 30 for $369.7 million at an average price of $80,318, expanding its total holdings to 845,050 BTC valued at $63.73 billion, according to https://wublockchain.xyz/news/news-20630. The Bitcoin purchases were financed via share sales that yielded $602.8 million in net proceeds, while the firm maintained $5.10 billion in USD reserves and $1.61 billion in cash. Separately, Ehan Strive's CEO Matt Cole disclosed a 1,800 BTC purchase for approximately $143 million at $79,431 per coin, bringing that company's total holdings to 23,156 BTC.