Breaking: Michael Saylor’s Strategy Adds 705 Bitcoin For $75M, MSTR Stock Down



Technique, beforehand often known as MicroStrategy, made one other Bitcoin buy between Might 26 and June. The corporate purchased 705 BTC for $75 million, bringing its whole holdings to 580,955. In the meantime, the MSTR inventory worth has continued its correction from final week, down in immediately’s pre-market buying and selling. Technique Acquires 705 BTC, MSTR Inventory In The Crimson In a press launch, Michael Saylor’s firm revealed that it has bought 705 BTC for $75.1 million at a median worth of $106,495 per bitcoin. The corporate has additionally achieved a BTC yield of 16.9% year-to-date (YTD). This newest buy brings Technique’s Bitcoin holdings to 580,955 BTC, which it acquired for $40.68 billion at a median worth of $70,023 per Bitcoin. As CoinGape reported, Michael Saylor had yesterday signaled one other Bitcoin buy when he posted the corporate’s BTC portfolio tracker. That is the corporate’s eighth consecutive weekly buy. Final week, it acquired 4,020 BTC for $427 million… Read More at Coingape.com

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