Michael Saylor’s Strategy, the largest public Bitcoin holder, purchased 430 BTC for $51.4 million as prices hit new highs before dropping. The acquisition raised their total BTC holdings to 629,376, valued at $46.15 billion. Saylor called volatility a “gift” as BTC surged to $124,000 then dipped to $115,000.
The new BTC batch cost Strategy an average of $119,666 per coin, reflecting last week’s volatility. Despite reaching $124,000, BTC fell to $115,000 by Sunday. Saylor expressed that volatility benefits the faithful. Strategy’s holdings hit an all-time high of $77.2 billion at peak prices.
Read more at Cointelegraph: Strategy Adds 430 Bitcoin As BTC Hits $124K Ahead Of Dip
