Strategy Buys 334 Bitcoin for $28.7 Million, Holdings Reach 848,000 BTC
Strategy bought 334 Bitcoin for $28.7 million at an average price of $85,839, according to CoinMarketCap. The purchase brings the company's total Bitcoin holdings to 848,000 BTC.
Strategy Adds 334 Bitcoin
CoinMarketCap reported the latest acquisition in a post on X, stating that Strategy purchased 334 BTC for a total of $28.7 million. The company paid an average of $85,839 for each Bitcoin in the transaction.
The purchase increases Strategy's reported Bitcoin holdings to 848,000 BTC. The latest acquisition therefore adds another 334 Bitcoin to the company's existing position while maintaining its broader holdings at the newly reported total.
Bitcoin Holdings Reach 848,000 BTC
The figures cited by CoinMarketCap provide three key details about the transaction: Strategy acquired 334 Bitcoin, spent $28.7 million, and paid an average price of $85,839 per BTC. Following the purchase, its total holdings stand at 848,000 BTC.
CoinMarketCap did not provide additional information in the X post about the timing of the purchase or any other details surrounding the transaction. The reported figures represent the latest update on Strategy's Bitcoin holdings cited by the source.
Writer: Victoria HaleTechnology & Blockchain WriterVictoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.She prioritises clarity and accuracy when explaining technical developments to a general audience.
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