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Strategy Pauses Bitcoin Purchases, Raises $334M From MSTR Sales

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Michael Saylor in front of a Strategy text overlay and orange Bitcoin chart.

The post Strategy Pauses Bitcoin Purchases, Raises $334M From MSTR Sales appeared first on Coinpedia Fintech News

Strategy made no Bitcoin purchases or sales between August 10 and August 16, leaving its holdings unchanged at 840,447 BTC. The company acquired its Bitcoin for a total of $63.36 billion, at an average price of $75,385 per BTC. During the week, Strategy sold 3.46 million MSTR shares for $333.7 million. It used $132.2 million …

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