Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Strategy purchases 220 Bitcoin for $27.2M at $123,561 per BTC

Strategy purchases 220 Bitcoin for $27.2M at $123,561 per BTC

Cryptobriefing2025/10/13 16:21
By: Cryptobriefing
BTC+0.03%

Key Takeaways

  • Strategy purchased 220 BTC for $27.2M at $123,561 each.
  • The move is part of Strategy's ongoing focus on Bitcoin as a treasury asset.

Strategy purchased 220 Bitcoin for $27.2 million at an average price of $123,561 per BTC between October 6 and 12.

Strategy, a publicly traded company formerly known as MicroStrategy that has rebranded to focus on Bitcoin treasury management and institutional adoption strategies, continues its consistent pattern of Bitcoin acquisitions.

The purchase adds to Strategy’s position as a key player in corporate crypto holdings. The company has maintained regular Bitcoin acquisitions as part of its treasury strategy amid growing institutional interest in digital assets.

Strategy’s approach reflects broader institutional adoption trends, with companies increasingly reallocating treasury reserves toward Bitcoin in response to evolving economic conditions. Major investment firms have supported this treasury strategy through increased stakes in companies pursuing similar approaches.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

BNB Resilience: Maintaining $1,000 Value Amidst $19 Billion Crypto Market Plunge

Unfazed by the $34 Billion Market Meltdown: A Closer Look at BNB's Remarkable Resilience Amid Intensified Liquidations

Coineagle2025/10/13 17:57
Hyperliquid Unveils Major Update to Enhance Perpetual Market Rollout

Hyperliquid Improvement Proposal 3 (HIP-3): A Significant Upgrade Set to Propel Perp Market Deployment

Coineagle2025/10/13 17:57

Trending news

More
1
BNB Resilience: Maintaining $1,000 Value Amidst $19 Billion Crypto Market Plunge
2
Hyperliquid Unveils Major Update to Enhance Perpetual Market Rollout

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,357.5
+1.15%
Ethereum
Ethereum
ETH
$4,230.27
+2.32%
Tether USDt
Tether USDt
USDT
$1
+0.02%
BNB
BNB
BNB
$1,277.69
-1.87%
XRP
XRP
XRP
$2.62
+3.22%
Solana
Solana
SOL
$205.89
+5.68%
USDC
USDC
USDC
$1.0000
+0.00%
Dogecoin
Dogecoin
DOGE
$0.2143
+2.93%
TRON
TRON
TRX
$0.3231
-0.02%
Cardano
Cardano
ADA
$0.7239
+4.40%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter