Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase, and, if completed, the transaction will mark the company’s third BTC acquisition in August.
The company’s most recent Bitcoin buy occurred on August 18, when Strategy purchased 430 BTC for $51.4 million, bringing its total holdings to 629,376 BTC, valued at over $72 billion at the time of this writing.
Data from SaylorTracker shows Strategy is up over 56% on its BTC investment, representing over $25.8 billion in unrealized gains at current prices.
The company’s BTC acquisitions in August have been relatively slim. Strategy typically acquires thousands or tens of thousands of BTC in every purchase, yet it has only acquired 585 BTC so far, in two separate transactions, this month.
Strategy leads the charge in corporate BTC acquisition and is the largest BTC treasury company by a wide…
