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Saylor’s approach bought 705 Bitcoin in the last week of May.


Michael Saylor’s approach, the world’s largest corporate holder of Bitcoin, announced BTC’s latest purchases after the price dropped to a short $ 103,000 last week.

The approach was acquired by 705 Bitcoin for $ 75.1 million between May 26 and 30, the company announced On June 2.

Latest purchases are made at an average price of $ 106,495 per coin, with Bitcoin dropping from $ 110,000 on Monday In an intraweek low of $ 103,400 over the weekend.

Bitcoin price, microstrategy, Michael Saylor, companies
An excerpt from form-8 by approach filed on June 2. Source: Strategy

The purchase marked the Bitcoin purchase of the final approach in May, which brings BTC’s total approach to 580,955 BTC, which has earned approximately $ 40.68 billion at an average price of $ 70,023 per coin.

The Strategy Director sells MSTRS sharing

The new Bitcoin acquisition of the approach followed another Class A Sales series by Strategy Director Jarrod Patten.

According to In a report on the proposed sale of security sale filed on May 30, Patten sold 3,750 shares during May 22 and 29, worth nearly $ 1.4 million.

The previous three MSTR sales are from the strategy report on the proposed sale of security. Source: Sec

The stock approach, which traded under the MSTR ticker, saw a downward pressure following sales, briefly falling below $ 360 on both May 28 and May 30.

According to TradingView, the stock approach was recovered to close last week at $ 369, but traded 1.6% down to the pre-market.

Strategy (MSTR) one year price price. Source: Tradingview

Despite recent drops, the stock stock is still almost 23% years-to-date, with annual acquisitions of 123%.

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