Home Strategy Acquires 10,624 BTC For $962M; Now Holds 660,624 Bitcoin

Strategy Acquires 10,624 BTC For $962M; Now Holds 660,624 Bitcoin

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Strategy Acquires 10,624 BTC, Now Holds 660,624 Bitcoin | 3verseTV
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Strategy Inc., the legacy Bitcoin management firm, announced that it has purchased an additional 10,624 Bitcoin (BTC), reinforcing its position as the largest corporate holder of the largest cryptocurrency.

The acquisition, executed between December 1 and December 7, involved a total investment of approximately $962.7 million at an average price of $90,615 per Bitcoin. In its latest filing, the firm reported that its total Bitcoin holdings have now reached 660,624 BTC.

The aggregate cost basis for this stockpile stands at $49.35 billion, translating to an average purchase price of $74,696 per coin, including fees and expenses. Strategy maintains holdings of over 3% of the total Bitcoin supply.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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