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Strategy Scoops 13,390 Bitcoin in $1.34B Blitz – Tariff Truce Sparks Volatility
Strategy has acquired nearly 14,000 Bitcoin in its latest buy-up of the cryptocurrency, trusting Michael Saylor’s vision even as prices flicker after the tariff truce. The purchase, which was announced by Saylor on Monday, pushes Strategy’s stash past half a million coins, daring regulators and markets alike.
Strategy Continues Dramatic Bitcoin Acquisition
According to a May 12 filing with the United States Securities and Exchange Commission (SEC), the Virginia-based software firm purchased 13,390 Bitcoin at $99,856 per coin for a total of $1.34 billion.
The company currently holds 568,840 $BTC acquired for $39.41 billion at $69,287 per Bitcoin, a May 12 X post from Saylor states.
Strategy has long been known for its controversial Bitcoin acquisition strategy, with Saylor launching the organization’s Bitcoin buy-up back in 2020. 0 reply
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