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  1. coinfeeds-bot on

    tldr; Michael Saylor’s company, Strategy, has purchased an additional 1,142 Bitcoin for $90 million at an average price of $78,815 per BTC, bringing its total holdings to 714,644 BTC acquired for $54.35 billion. However, with Bitcoin trading below $70,000, the company’s holdings remain at an unrealized loss. The timing of the purchase has raised questions within the cryptocurrency community, as the acquisition occurred before a significant price drop. Strategy’s stock price has also seen fluctuations, reflecting market reactions.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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