VictoriaPark
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Strategy and Strive buy $183 million in Bitcoin as $85,000 rally revives treasury trade

Strategy and Strive purchased approximately $183 million worth of Bitcoin last week, with Strategy Inc. acquiring 950 BTC for $75.7 million between September 14 and 20 at an average price of $79,670, according to a regulatory filing. This purchase comes as the cryptocurrency's recent rally to around $85,000 has bolstered corporate balance sheets.

Strategy and Strive buy $183 million in Bitcoin as $85,000 rally revives treasury trade
Image: CryptoSlate

Strategy and Strive purchased approximately $183 million worth of Bitcoin last week, with Strategy Inc. acquiring 950 BTC for $75.7 million between September 14 and 20 at an average price of $79,670, according to a regulatory filing. This purchase comes as the cryptocurrency's recent rally to around $85,000 has bolstered corporate balance sheets.

Sources

  • CryptoSlate — Strategy and Strive buy $183 million in Bitcoin as $85,000 rally revives treasury trade

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