Michael Saylor’s strategy, the biggest Bitcoin holder in the world, announced its latest BTC purchases after the price fell to $ 103,000 last week.
The strategy acquired 705 bitcoin for $ 75.1 million between May 26 and 30, the company announced on June 2.
The latest purchases were made at an average price of $ 106,495 per room, with a bitcoin going from $ 110,000 last Monday to an intraweek hollow of $ 103,400 on weekends.
The purchase marked the purchase of Bitcoin of the last strategy in May, bringing total BTC Holdings of the strategy to 580,955 BTC, acquired for around 40.68 billion dollars at an average price of $ 70,023 per room.
The Director of Strategy sells MSTR actions
The new Bitcoin of Strategment acquisition followed another series of class A sales by the director of the strategy Jarrod Patten.
According to a proposed sales strategy report on May 30, Patten sold 3,750 shares during the period between May 22 and 29, worth nearly $ 1.4 million.
The actions of the strategy, negotiating under the MSTR Ticker, saw a downward pressure after sales, falling briefly below $ 360 on May 28 and 30.
According to TradingView, the strategy stock recovered to close last week at $ 369, but was traded at 1.6% downward in pre-commercialization.
Despite recent decreases, strategy actions are still up by around 23% for the start of the year, with annual gains of 123%.
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