Lates News

Michael Saylor's strategy company (Strategy, formerly known as MicroStrategy) has purchased $1.05 billion worth of Bitcoin in the past seven days. This is the third consecutive week that this cryptocurrency fund management company has used preferred shares instead of common shares to finance the purchase of Bitcoin. According to a document submitted on Monday, Strategy company purchased 10,100 Bitcoins at an average price of $104,080 during the period of June 9-15. This is the largest purchase in the past five weeks, bringing its total holdings to approximately $6.34 billion.