Strategy, Semler bag 2K Bitcoin as price edged toward $100K last week

Date: 2025-05-05

Michael Saylor’s Strategy, one of the world’s largest corporate Bitcoin investors, slowed its BTC purchases last week as the cryptocurrency briefly surged above $97,000.Strategy acquired 1,895 Bitcoin (BTC) for $180.3 million during the week from April 28 to May 4 at an average price of $95,167 per BTC, the firm announced in its latest Form-8 filing with the US Securities and Exchange Commission.Strategy’s latest Bitcoin purchase is one of the smallest made by the company this year, alongside a comparatively meagre 130 BTC purchase in March.Source: Michael SaylorThe latest buy is 87% less than the previous purchase of 15,355 BTC announced last Monday.Semler boosts buying despite rising pricesWhile Saylor’s Strategy cooled its Bitcoin buying...

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