Strategy’s $22.1 million Bitcoin purchase brought the company’s total Bitcoin holdings to 640,031 BTC, acquired for about $47.35 billion.
Michael Saylor’s Strategy Inc., the world’s largest public holder of Bitcoin (BTC), added more of the cryptocurrency as the BTC price dropped below $110,000 last week.
Strategy acquired 196 Bitcoin for $22.1 million during the week ending Sunday, according to a US Securities and Exchange Commission filing on Monday.
The purchase was made at an average price of $113,048 per coin as BTC started the week above $112,000 and dropped below $110,000 on Thursday, according to CoinGecko.
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