Michael Saylor, the executive chairman of Strategy, the largest publicly traded corporate holder of bitcoin, announced Monday on X the purchase of 3,273 bitcoin for roughly $255 million.
The purchase at an average price of $77,906 per bitcoin puts Strategy’s bitcoin treasury at 818.334, said Saylor.
Meanwhile, it’s worth noting that Strategy has achieved a BTC Yield of 9.6% in the year-to-date timeframe. As of April 26, the company holds 818,334 BTC, per the latest disclosure. The stack was acquired for $61.81 billion at an average price of $75,537 per BTC.
The Bitcoin treasury firm still maintains a lead against BlackRock, which holds 812,276 BTC in its IBIT ETF, per crypto tools for onchain tracking.
After the announcement, the MSTR stock saw a slight uptick of 0.55% to $171.96 in the pre-market trading session today before retreating to $169.20. Earlier, on Sunday, April 26, Saylor hinted at buying more Bitcoin with a post on social media with the popular ‘Orange Dots’ chart.
Source: X.com
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