Strategy announced on Monday that the company has purchased 7,633 bitcoins between February 3rd and February 9th, at a cost of approximately $742.4 million, with an average purchase price of around $97,255.
As of February 9th, Strategy and its subsidiaries collectively hold a total of 478,740 bitcoins, with a total cost of around $31.1 billion and an average purchase price of approximately $65,033.
In addition, Metaplanet, a Japanese publicly traded company that has been using bitcoin as a strategic reserve asset since last year, announced today its plan to issue ordinary bonds worth 4 billion yen, to be used for purchasing more bitcoins.
Related articles: “MicroStrategy Rebrands as ‘Strategy’! Key Highlights from Q4 Financial Report” and “Metaplanet Plans to Increase Bitcoin Holdings to 10,000 BTC This Year.”