Strategy has just made one of its biggest bitcoin purchases of the year, at the worst possible moment for the market. The company led by Michael Saylor acquired 22,305 BTC for $2.13 billion, even as bitcoin dropped below $90,000 and risky assets plummeted globally upon the announcement.
With this latest move, Strategy now holds a total of 709,715 bitcoins, bought for a cumulative amount of $53.92 billion. The average acquisition price now stands at $75,979 per BTC. A massive, deliberate accumulation, always funded by traditional markets.
