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BREAKING: Strategy Buys $1.57 Billion Worth of Bitcoin (BTC)

Michael Saylor took to social media to announce that Strategy has purchased a large quantity of BTC as we speak.

The agency acquired a complete of 22,337 BTC for a complete of $1.57 billion, spending roughly $70,194 per bitcoin.

This places their whole holdings at 761,068 BTC purchased at roughly $75,696 per bitcoin.

It additionally signifies that the latest worth improve was possible as a consequence of this explicit purchase wall. As CryptoPotato reported, BTC pushed above $74,000 as we speak, driving all the crypto market with it.

It’s value noting that institutional inflows have additionally been regular over the previous week, with BlackRock’s IBIT spot BTC ETF reporting optimistic flows for 5 consecutive days and buying greater than $600 million.

The put up BREAKING: Strategy Buys $1.57 Billion Worth of Bitcoin (BTC) appeared first on CryptoPotato.

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