Strategy Adds $22M In Bitcoin, Holdings Cross 640K BTC

Michael Saylor’s Strategy Inc., the largest public Bitcoin holder, added 196 BTC for $22.1 million last week, according to a U.S. SEC filing.

The purchase was made at an average price of $113,048 per coin, with Bitcoin dipping below $110,000 on Thursday.

This brings Strategy’s total holdings to 640,031 BTC, acquired for $47.35 billion at an average cost of $73,983 per coin. The purchase is among the company’s smallest weekly acquisitions, underscoring a slowdown in its once-aggressive buying strategy.

Strategy shares (MSTR) have also faced pressure, tumbling to $300.7 on Wednesday—its lowest level since mid-April.

Analysts noted the stock’s decline mirrors the strain from Bitcoin’s volatility. Despite this, Saylor has projected Bitcoin will strengthen toward year-end, boosted by rising institutional adoption.

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