Strategy Keeps Buying: Third Purchase This Month Brings October Spending to $73 Million

The bitcoin treasury company notched its third buy of October last week. The largest corporate holder of bitcoin, Strategy , bought another 267 BTC last week, bringing its holdings to 848,517 digital coins — worth $69.5 billion at today’s prices. According to a Monday filing, the software company said it spent slightly more than $22 million on buying the new bitcoins. The latest buy allowed Strategy to snap up slightly more coins than its transaction the previous week, when it spent again $22 million on 250 BTC. So far in October, Strategy has spent $73 million on buying bitcoin.

Source: Bitcoin Magazine