Strategy Buys Almost $1 Billion in Bitcoin Again in Past Week
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Crypto:Michael SaylorMichael Saylor’s Strategy Inc. acquired almost $1 billion in Bitcoin for a second consecutive week, as the original digital asset treasury company continues to ramp up purchases following the recent pullback in the price of the largest cryptocurrency. The former MicroStrategy bought $980.3 million of the digital asset between Dec. 8 and Dec. 14, according to a regulatory filing on MondayBloomberg Terminal. This marks the company’s largest amount of Bitcoin acquired since July and its second consecutive week of acquiring over 10,000 Bitcoin on its books - the first time this has happened since January.