Michael Saylor’s Strategy (previously known as Microstrategy), the world’s largest public holder of Bitcoin, continued adding to its cryptocurrency reserves last week, though at a significantly slower pace compared to its recent large-scale purchases. The company acquired 1,031 Bitcoin for approximately $76.6 million, according to an 8-K filing with the US Securities and Exchange Commission on Monday. The purchase was made at an average price of $74,326 per coin, slightly below the firm’s overall acquisition cost of $75,694 per Bitcoin. The latest buy brings Strategy’s total holdings to 762,099 BTC, acquired for a cumulative cost of around $57.69 billion.
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