Bitcoin Price Pumps Above $120,000 As Michael Saylor's Strategy Buys $18 Million Worth Of Bitcoin

Strategy, formerly MicroStrategy, purchased 155 BTC worth $18 million at an average Bitcoin price of $116,401 per coin, bringing its total holdings to 628,946 BTC as Bitcoin price trades above $120,000. The purchase marks the fifth anniversary of Strategy’s Bitcoin treasury strategy, which began with a $250 million investment in 2020.