Michael Saylor’s Strategy bagged 6,556 Bitcoin for $555.8M last week

Michael Saylor’s Strategy bagged 6,556 Bitcoin for 5.8M last week

Michael Saylor’s Strategy bagged 6,556 Bitcoin for $555.8M last week

Michael Saylor’s Strategy has acquired 6,556 Bitcoin for $555.8 million, bringing total holdings to 538,200 BTC, per the company’s latest SEC filing.

Michael Saylor’s Strategy, one of the world’s largest publicly listed corporate Bitcoin holders, added another major purchase to its growing portfolio as the cryptocurrency trades near $85,000.

Strategy acquired 6,556 Bitcoin for $555.8 million from April 14–20, at an average price of $84,785 per coin, the firm announced in its latest Form 8-K filing with the United States Securities and Exchange Commission.

The latest purchase accounts for 1.2% of Strategy’s total Bitcoin holdings of 538,200 BTC as of April 20, acquired for the aggregate amount of $36.5 billion at an average price of $67,766 per BTC.

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