Menu

Strategy Buys $740M in Bitcoin as BTC Hits $122K High

Avatar photo Sonny S. Watts 1 month ago

Michael Saylor’s firm Strategy acquired 6,220 BTC for $739.8 million, according to a July 21 SEC filing. The average price paid per coin was $118,940. The transaction occurred as Bitcoin briefly climbed above $122,000 on July 14 before sliding to $116,000. By the end of the week, BTC traded around $118,000, based on CoinGecko data. […]

The post Strategy Buys $740M in Bitcoin as BTC Hits $122K High appeared first on CoinChapter.

Written By

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.