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Strategy acquires 811 BTC at $80,846, boosts STRC buyback with $208.2 million

Picture: COINTURK NEWS

Strategy, the largest corporate holder of Bitcoin , has expanded its BTC portfolio with the purchase of 811 additional coins at an average price of $80,846 each. The accumulation took place between October 26 and November 1, raising the company’s average acquisition cost to $75,451 per BTC. As of November 2, this puts Strategy in a modest unrealized profit position based on current market prices. The latest transaction continued the company’s strategy of regular, small-scale Bitcoin purchases. This week’s buy was funded by allocations from recent MSTR common stock sales, totaling $65.5 million set aside specifically for BTC.

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