Strategy adds $50M in Bitcoin holdings to crypto stockpile

Michael Saylor’s company increased its acquisition of BTC over the previous week by purchasing another 487 coins as part of its $67 billion treasury.

Michael Saylor’s Strategy increased its cryptocurrency buying strategy by acquiring 487 Bitcoin worth about $50 million, marking an escalation over its previous week’s report.

In a Monday filing with the US Securities and Exchange Commission, Strategy said it had acquired 487 Bitcoin (BTC) at an average price of $102,557 per coin — about $50 million.

The addition of the BTC brought the company’s total holdings to 641,692 BTC, or more than $67 billion at the time of publication.

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