1h
...
Bitcoin treasury Strategy resumed its bitcoin buys last week, snapping up nearly $370 million in the leading cryptocurrency, according to a Monday announcement from the company.
A filing with the Securities and Exchange Commission shows that Strategy bought 4,603 bitcoins for $369.7 million between August 24 to August 30. Each coin was bought at an average price of $80,318, according to the filing.
The buy comes after Strategy paused its bitcoin buys in June, instead focusing on building a cash buffer, buying back its stock and even sometimes selling some of its holdings.
“Strategy is evolving from one-way capital issuance to active capital management,” Strategy…
Read more on BitcoinMagazine




