Strategy Buys Another 17,994 BTC In $1.28 Billion Bitcoin Purchase
Strategy, a major Bitcoin treasury company, has purchased an additional 17,994 BTC for $1.28 billion, marking its 102nd acquisition. This brings its total holdings to 738,731 BTC, representing nearly 3.7% of the circulating supply. Despite an unrealized loss of about 9% with a cost basis of $75,862 per BTC, the company remains the largest public holder of Bitcoin. The purchase was funded through sales of its stock offerings. Meanwhile, Bitmine, the largest Ethereum treasury, continues its own accumulation strategy, recently buying 60,976 ETH. Bitcoin's price has recently dropped below $66,000 but has since to around $68,600.
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