Saylor Posts Bitcoin Message After Strategy’s $22.1 Million Purchase.
Photo: TokenPost
Strategy Executive Chairman Michael J. Saylor posted an ambiguous message about Bitcoin (BTC) on Oct. 23, but gave no transaction details and did not confirm a new purchase by the company. Strategy’s latest disclosed Bitcoin acquisition came earlier. The company bought 267 BTC from Oct. 12-18 for $22.1 million, an average of $82,900 per coin, including fees and expenses. It paid $22 million with net proceeds from selling 140,872 Class A common shares and used $100,000 in cash. By Oct. 18, Strategy’s holdings totaled 848,517 BTC.
Source: TokenPost
