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Strategy buys 267 bitcoin, bringing holdings to 848,517

Strategy acquired 267 bitcoin for roughly 22.1 million dollars from October 12 to October 18, according to a filing with the Securities and Exchange Commission. The average price was 82,900 dollars per bitcoin. The acquisitions brought the company’s total holdings to 848,517 bitcoin, bought at a total cost of 64 billion dollars and an average price of 75,446 dollars per bitcoin. Strategy funded the purchases with proceeds from sales of its Class A common stock and cash reserves. It sold approximately 22 million dollars’ worth of shares last week, with 18.79 billion dollars’ worth still…

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