Strategy, Strive buy 935 Bitcoin worth $75.5M as BTC trades below $80K

Strategy has resumed Bitcoin accumulation with an 811 BTC purchase worth $65.5 million, while fellow treasury company Strive has reported buying another 124 BTC for approximately $10 million. Strategy purchased 811 BTC for $65.5 million, bringing its total Bitcoin holdings to 849,327 BTC. Strive reportedly acquired another 124 BTC for approximately $10 million, raising its holdings to 43,124 BTC. Both companies purchased a combined 935 BTC for approximately $75.5 million during the latest reporting period. Strategy raised $164 million through MSTR stock sales and separately repurchased $208.2 million of STRC preferred shares.

Source: crypto.news