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Michael Saylor's strategy continues to accumulate 217 million dollars in Bitcoin.
The strategy of Michael Saylor, the largest Bitcoin investor in the world, continues to accumulate this cryptocurrency as the price of BTC slightly increased last week.
According to a filing submitted to the (SEC) on Tuesday, Strategy purchased 1.955 Bitcoin for $217.4 million from September 2 to September 7.
According to Bitcoin Magazine, this purchase transaction was made at an average price of 111,196 dollars/BTC when this cryptocurrency surged above 113,000 dollars last Friday before dropping to around 110,000 dollars.
With this new purchase transaction, the total number of Bitcoin held by Strategy as of Sunday is 638.460 BTC, purchased for about 47.2 billion dollars and at an average price of 73,880 dollars/BTC.
The latest Bitcoin purchase transaction by Strategy took place after a series of purchases in August, totaling approximately 7,714 BTC for the month.
The company's BTC purchase volume last month was significantly lower than previous buying rounds, including the buyback of 31,466 BTC in July and the buyback of 17,075 BTC in June.
Mr. Teacher