#strategybuys250bitcoin
Strategy bought 250 more Bitcoin for about $21.5 million between October 5 and October 11. The average cost per coin was $86,194. To pay for this purchase, the company sold new shares and used extra cash. With this latest addition, Strategy now owns a total of 848,250 Bitcoins. This massive stash represents over 4% of all Bitcoin that will ever exist. The company continues to show strong confidence in cryptocurrency as a long-term reserve asset.
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