Business intelligence firm Strategy has purchased an additional $1.4 billion worth of Bitcoin, according to a Monday announcement. This marks one of the company's largest BTC purchases to date.
The company's average purchasing price currently stands at $68,459.
Strategy now holds a staggering 553,555 BTC. This represents 2.64% of the maximum Bitcoin supply (21 million coins).
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The announcement was widely expected by the market after Strategy's Michael Saylor strongly hinted at another purchase on social media on Sunday. As usual, it has had little impact on Bitcoin's immediate price action.
The largest cryptocurrency is currently trading above the $95,000 level, according to CoinGecko data.
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