Publicly-traded company Strategy Inc. has acquired 6220 BTC for approximately $740 million at an average price just shy of $119,000.
The firm, spearheaded by Michael Saylor – Wall Street’s most vocal Bitcoin proponent – now holds a whopping 607,770 BTC acquired for $43.6 billion with an average price of $71,756 per coin.
https://twitter.com/saylor/status/1947266086627360854?ref_src=twsrc%5Etfw” data-wpel-link=”external” target=”_blank
This is the last in line of multiple previous acquisitions. Last Monday, the company bought another 4225 BTC before Bitcoin’s price exploded to a new all-time high.
Back then, the average price was $111,827.
Companies focused on establishing crypto treasuries are becoming more and more common. And while we’re used to seeing BTC-focused firms, ETH is also starting to attract a lot of attention. Just today, CryptoPotato reported that a Pantera-backed company called The Ether Machine plans to go public with a committed capital of 400,000 ETH.
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