Strategy bags 4,020 Bitcoin as price hits record above $110K

Michael Saylor’s Strategy continued stacking Bitcoin as the cryptocurrency broke an all-time-high above $110,000 last week.

Michael Saylor’s Strategy, one of the world’s largest corporate Bitcoin investors, bagged a fresh stash of BTC as the cryptocurrency briefly surged past $110,000 last week.

Strategy acquired 4,020 Bitcoin (BTC) for $427.1 million between May 19 and May 23, the firm announced in the filing with the US Securities and Exchange Commission published on May 26.

The newly announced purchases were made at an average price of $106,237 per BTC, with Bitcoin for the first time breaking past $110,000 on May 22.

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