4 hours ago
Saylor signals third consecutive Strategy Bitcoin buy in August
Strategy continues accumulating Bitcoin for its corporate treasury despite a fall in share prices from the peak reached in November 2024.
Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase, and, if completed, the transaction will mark the company’s third BTC acquisition in August.
The company’s most recent Bitcoin buy occurred on August 18, when Strategy purchased 430 BTC for $51.4 million, bringing its total holdings to 629,376 BTC, valued at over $72 billion at the time of this writing.
Data from SaylorTracker shows Strategy is up over 56% on its BTC investment, representing over $25.8 billion in unrealized gains at current prices.
Source: Cointelegraph →Related News
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