Michael Saylor’s Strategy, the world’s largest public corporate Bitcoin holder, has announced its smallest Bitcoin purchase on record.
Strategy on March 17 officially announced its latest 130 Bitcoin (BTC) acquisition, bought for around $10.7 million in cash, or at an average price of roughly $82,981 per BTC.
The latest Bitcoin purchase was made using proceeds from the “STRK ATM,” a new Strategy’s program looking to raise up to $21 billion in fresh capital to acquire more BTC.
Strategy’s new 130 BTC buy is the smallest one ever recorded since the company announced its first purchase of 21,454 BTC for $250 million in August 2020.
Strategy is 774 BTC away from holding 500,000 BTC
With the new purchase, Strategy and its subsidiaries now hold 499,226 BTC, acquired at an aggregate purchase