Michael Saylor’s strategy, the largest public Bitcoin holder in the world, continued to stack Bitcoin last week when cryptocurrency exceeded $ 122,000 for the first time last Monday.
The strategy acquired 6,220 Bitcoin (BTC) for $ 739.8 million during the week ending on Sunday July 20, according to a SECURITIICS AND EXCHANGE US commission file.
The new Strategy Bitcoin purchases were made at an average price of $ 118,940 per room, the BTC starting the week at the historic levels above $ 122,000 before moving on to an intraweek hollow of $ 116,000 and consolidating at around $ 118,000, depending on Coigecko.
The acquisition increased Bitcoin Holdings of the strategy to 607,770 BTC, purchased for approximately $ 43.6 billion at an average price of $ 71,756 per room.
Strategy Exec sells 10,900 MSTR additional
Before announcing its latest Bitcoin acquisition, the strategy submitted a file to the dry on the proposed sales of titles last Monday.
According to the file, the main executive vice-president of the strategy, Wei-Ming Shao sold 10,900 strategy shares (MSTR) worth 4.9 million dollars.
The last sale extended the MSTR sale of $ 25.7 million by the same manager the previous week.
This is a history in development, and additional information will be added as it will be available.
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