Strategy Inc. bought $255 million of Bitcoin in the previous seven days, slowing the pace of its buying of the digital currency after spending $3.5 billion over the prior two weeks.
Michael Saylor’s digital asset treasury company acquired 3,273 Bitcoin in the period ended April 27, according to a US Securities and Exchange Commission filing on Monday. Saylor, the co-founder and executive chairman of the former MicroStrategy, funded the latest round of purchases through the sale of common stock.
The largest corporate Bitcoin holder has been one of the main driving forces behind the latest recovery in the crypto ...