Crypto Takes Step Towards Becoming a Federally Regulated National Trust Bank
The next-generation media outlet navigating the intersection of culture and technology.
The next-generation media outlet navigating the intersection of culture and technology.
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The company’s native token, WLFI, also fell 7% around the same time that its stablecoin, USD1, briefly fell below a dollar peg.
Michael Saylor’s company, now operating under the name Strategy, has completed its 100th Bitcoin acquisition, reinforcing its status as the largest corporate holder of the digital asset.
Strategy Inc.'s Bitcoin acquisition strategy continues with the purchase of 592 Bitcoins for $39.8M, bringing its holdings to 717,722 BTC.
The company's total holdings were bought for over $54.5 billion - the current valuation is a lot less.
Strategy completed its 100th Bitcoin purchase since 2020, acquiring 592 BTC for $39.8M at an average of $67,286 per coin.