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Strategy Makes $1 Billion Bitcoin Buy During Israel-Iran Conflict

Avatar photo Sonny S. Watts 2 months ago

Michael Saylor’s firm, Strategy, purchased 10,100 BTC during the week ending June 16. The total value of the Bitcoin buy was $1 billion, with an average cost of $104,080 per coin. The purchase followed a price decline from $110,000 to a low of $103,639, triggered by reports that Israel attacked Iranian nuclear facilities. This acquisition […]

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Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.