Michael Saylor’s Strategy has acquired 1,031 Bitcoin for $76.6 million, adding to their significant holdings. The transaction was made at an average cost of $74,326 per coin, below Strategy’s average acquisition price of $75,694. This modest purchase contrasts with the company’s previous large buys, funded this time through sales of Class A common stock. With Bitcoin currently valued at $70,430, Strategy’s total BTC holdings are worth approximately $54 billion.
Overall, Strategy holds 762,099 BTC, compared to BlackRock’s iShares Bitcoin Trust ETF, which manages around 785,300 BTC for its clients. Strategy’s acquisitions reflect the firm's continued investment in Bitcoin despite market volatility.