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Bitcoin The Defiant

Strategy Buys 1,587 Bitcoin for $100M Below Its Blended Cost Basis, Lifting Stack to 846,842 BTC

Michael Saylor's Strategy bought 1,587 bitcoin for about $100 million last week, its first purchase disclosed since the firm broke a multi-year buying streak with a small sale in late May. The latest coins came in well b...

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Strategy Buys 1,587 Bitcoin for $100M Below Its Blended Cost Basis, Lifting Stack to 846,842 BTC
Michael Saylor's Strategy bought 1,587 bitcoin for about $100 million last week, its first purchase disclosed since the firm broke a multi-year buying streak with a small sale in late May. The latest coins came in well below the average price Strategy has paid to build the largest corporate bitcoin... Read the full story at The Defiant

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Bitcoin is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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