Strategy buys 592 Bitcoin at $67K per coin

Michael Saylor’s Strategy announced the purchase of 592 Bitcoin for an aggregate purchase price of $39.8 million Monday. The company sold 297.940 shares of its MSTR common stock for proceeds of $39.7 million to fund the purchase, according to a new 8K filing from the Tyson’s Corner-based firm. The average purchase price for this tranche was $67,286 per bitcoin, one of the lowest average entry prices since 2024. The #1 podcast for emerging tech stocks, Bitcoin, and weekly news analysis. Subscribe to the Bl ...