A week after SELLING 32 Bitcoin...
Bitcoin (CRYPTO: BTC) traded below $60,000 Friday, capping a brutal week for crypto after Strategy Inc.
Bitcoin’s price recently dropped under $60,000 for the first time since 2024.
Strategy's total holdings account for more than 4% of the 21 million bitcoin supply cap — worth around $53.5 billion.
After disposing of 32 Bitcoin between May 26 and May 31, Strategy added 1,550 BTC to its treasury last week.
Strategy purchased 1,550 Bitcoin for $101.3 million, lifting its total holdings to 845,256 BTC and resuming accumulation after last week's controversial sale.
Strategy bought 1,550 BTC for $101M, reversing its 32-BTC sale from the prior week. Cash reserve hits $1B. SEC 8-K confirmed.
Strategy Inc. (NASDAQ:MSTR) bought 1,550 Bitcoin