Strategy Eases Bitcoin Accumulation With 3,273 BTC Buy

After completing a couple of massive BTC acquisitions each worth over $1 billion, the world’s largest corporate holder of the asset has slowed the pace slightly with a more modest $255 million.

Consequently, the total stash has grown to 818,334 BTC as of now, acquired for $61.81 billion at an average price of $75,537 per unit.

Given the cryptocurrency’s price ascent as of late, Strategy’s massive bitcoin position has turned green. With BTC now trading at almost $78,000, Strategy’s stash is now worth over $63.7 billion.

Meanwhile, some of the company’s developments created to help it purchase even more bitcoin, such as STRC, have been labeled as Ponzi Schemes by full-time BTC and crypto critic, Peter Schiff.

The firm’s main stock, MSTR, spiked quite hard last week, going beyond $180 briefly before it retraced to $171 as of Friday’s closing.

The post Strategy Eases Bitcoin Accumulation With 3,273 BTC Buy appeared first on CryptoPotato.

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