Michael Saylor’s Strategy bought another 245 Bitcoin after doubling down on his long-term BTC price prediction, forecasting BTC to hit $21 million in 21 years.
Michael Saylor’s Strategy, the world’s largest public Bitcoin investor, disclosed its new BTC purchases amid the cryptocurrency sliding in response to escalating geopolitical fears last week.
Strategy acquired 245 Bitcoin (BTC) for $26 million during the week ending June 22, the company announced in an official disclosure on Monday.
The cost of Strategy’s new Bitcoin batch averaged at $105,856 per coin, with Bitcoin plummeting from around $108,900 last Monday to an intraweek low of just below $99,000, according to CoinGecko data.
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