Strategy adds $449M in Bitcoin, raising August total to 7.7K BTC

Michael Saylor’s Strategy announced a $449 million Bitcoin purchase made last week, bringing total BTC buys in August to just 7,714 BTC.

Michael Saylor’s Strategy, the world’s largest public company holding Bitcoin, purchased more BTC as the price slipped below $108,000 last week.

Strategy acquired 4,048 Bitcoin (BTC) for $449.3 million between Aug. 25 to Sept. 1, according to a US Securities and Exchange Commission filing on Tuesday.

Strategy’s latest Bitcoin purchase was made at an average price of $110,981 per BTC, as the crypto asset briefly surged above $113,000 and subsequently dropped below $108,000 last Friday, according to CoinGecko.

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