Strategy, formerly MicroStrategy, purchased 1,666 Bitcoin in its latest weekly buy, marking a 75% increase from the previous purchase of 950 BTC. The company now holds 847,666 BTC, making it the largest public holder of Bitcoin worldwide. This acquisition is worth approximately $138.7 million at the current price of around $83,251 per Bitcoin. Executive Chairman Michael Saylor had hinted at the purchase a day earlier with a post titled “Even more orange” on social media. The current price sits approximately 10% above the company’s average acquisition cost of roughly $75,400 per coin.
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