Michael Saylor’s Strategy buys $204M of Bitcoin in 101st purchase

Michael Saylor’s Strategy buys $204M of Bitcoin in 101st purchase

Strategy added 3,015 Bitcoin at $67,700 a piece in its 101st purchase, marking another buy below cost basis and lifting total holdings to 720,737 BTC.

Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, completed its 101st Bitcoin purchase, pushing its total holdings above 720,000 BTC.

The company acquired 3,015 Bitcoin (BTC) for $204.1 million last week, according to a US Securities and Exchange Commission filing on Monday.

The average buy price of its latest purchase was $67,700 per BTC, marking another purchase well below the company’s average acquisition price of $75,985.

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