Strategy Adds 24,869 Bitcoin in $2.01B Purchase, Total Holdings Hit 843,738 BTC

Michael Saylor’s company, Strategy, has expanded its Bitcoin reserves with another major acquisition during the week of May 11 to May 17, according to a U.S. SEC filing.

In that period, the firm purchased 24,869 Bitcoin for around $2.01 billion at an average price of $80,985 per BTC, bringing its total holdings to 843,738 BTC.

With this latest addition, Strategy’s overall Bitcoin investment has climbed to approximately $63.87 billion, reflecting an average cost basis of $75,700 per coin. Based on current market prices, the company’s total Bitcoin holdings are now valued at about $65.3 billion.

Source: SEC 8-K Filing