MicroStrategy Buys 4,980 BTC for $531M, Saylor Denies Rumors
The post MicroStrategy Buys 4,980 BTC for $531M, Saylor Denies Rumors appeared on BitcoinEthereumNews.com. Key Notes As of June 29, 2025, Strategy’s Bitcoin holdings stand at 597,325 BTC, purchased for a cumulative $42.4 billion at an average price of $70,982 per BTC. While Strategy continues its Bitcoin acquisition streak, recent wallet transfers of 7,382 BTC have raised questions of potential sell-off. CEO Phong Le’s sale of 8,400 MSTR shares over the past three months has drawn attention. Michael Saylor’s Strategy, previously known as MicroStrategy, announced the purchase of an additional 4,980 Bitcoin BTC $107 578 24h volatility: 0.2% Market cap: $2.14 T Vol. 24h: $21.92 B today for an investment value of $531 million. This purchase puts to rest recent rumors of a sell-off by the Bitcoin firm and its insiders. MicroStrategy made the recent Bitcoin purchase at an average price of $106,801 per BTC, while reflecting the company’s continued confidence in the long-term value of the cryptocurrency. Besides, it also marks the 12th consecutive week of purchase by Michael Saylor’s firm. As of June 29, 2025, MicroStrategy’s total Bitcoin holdings have reached 597,325 BTC, acquired at a cumulative cost of $42.4 billion. This equates to an average purchase price of $70,982 per Bitcoin. The company’s Bitcoin yield stands at an impressive 19.7% year-to-date, underscoring the profitability of its Bitcoin strategy in 2025. The race for Bitcoin acquisition among corporate players has intensified further. Earlier today, Metaplanet made a massive purchase of 1005 BTC, entering the list of the top five publicly listed Bitcoin holders with its total BTC holdings increasing to 13350 BTC. Strategy Wallet Transfers With $796 Million BTC Raises Doubts Recent Bitcoin transactions by MicroStrategy, led by Michael Saylor, have raised concerns among crypto investors, fueling speculation of a potential BTC sell-off. According to data from on-chain analytics platform Lookonchain, MicroStrategy moved 7,382 BTC, valued at approximately $796 million, on Sunday.…
The post MicroStrategy Buys 4,980 BTC for $531M, Saylor Denies Rumors appeared on BitcoinEthereumNews.com.
Key Notes As of June 29, 2025, Strategy’s Bitcoin holdings stand at 597,325 BTC, purchased for a cumulative $42.4 billion at an average price of $70,982 per BTC. While Strategy continues its Bitcoin acquisition streak, recent wallet transfers of 7,382 BTC have raised questions of potential sell-off. CEO Phong Le’s sale of 8,400 MSTR shares over the past three months has drawn attention. Michael Saylor’s Strategy, previously known as MicroStrategy, announced the purchase of an additional 4,980 Bitcoin BTC $107 578 24h volatility: 0.2% Market cap: $2.14 T Vol. 24h: $21.92 B today for an investment value of $531 million. This purchase puts to rest recent rumors of a sell-off by the Bitcoin firm and its insiders. MicroStrategy made the recent Bitcoin purchase at an average price of $106,801 per BTC, while reflecting the company’s continued confidence in the long-term value of the cryptocurrency. Besides, it also marks the 12th consecutive week of purchase by Michael Saylor’s firm. As of June 29, 2025, MicroStrategy’s total Bitcoin holdings have reached 597,325 BTC, acquired at a cumulative cost of $42.4 billion. This equates to an average purchase price of $70,982 per Bitcoin. The company’s Bitcoin yield stands at an impressive 19.7% year-to-date, underscoring the profitability of its Bitcoin strategy in 2025. The race for Bitcoin acquisition among corporate players has intensified further. Earlier today, Metaplanet made a massive purchase of 1005 BTC, entering the list of the top five publicly listed Bitcoin holders with its total BTC holdings increasing to 13350 BTC. Strategy Wallet Transfers With $796 Million BTC Raises Doubts Recent Bitcoin transactions by MicroStrategy, led by Michael Saylor, have raised concerns among crypto investors, fueling speculation of a potential BTC sell-off. According to data from on-chain analytics platform Lookonchain, MicroStrategy moved 7,382 BTC, valued at approximately $796 million, on Sunday.…
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