Strategy (MicroStrategy), which has been making regular Bitcoin (BTC) purchases since approximately 2020, made its weekly Bitcoin purchase and purchased 8,178 BTC last week.
Accordingly, Strategy purchased 8,178 BTC worth $835.6 million at an average price of $102,171 between November 10 and November 16.
Strategy founder Michael Saylor announced the news via a post on his X account.
For Strategy, which has been buying small amounts of BTC for weeks, the latest purchase marks the largest Bitcoin purchase since July.
We Did Not Sell Bitcoin (BTC)!
As you may recall, it was claimed that Strategy sold some of its Bitcoins over the weekend.
However, Strategy co-founder Michael Saylor categorically denied allegations that the company had sold thousands of BTC. Saylor said, “This rumor is untrue. No, we didn’t. In fact, we’re buying Bitcoin, and a lot of it. We’ll announce it on Monday.”
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/michael-saylors-long-awaited-bitcoin-btc-announcement-signaling-a-big-week-the-biggest-in-months/
