Strategy buys 7,390 BTC for $765M, gets hit with class-action lawsuit

Strategy, formerly MicroStrategy, and the top corporate Bitcoin holder, acquired nearly $765 million of Bitcoin last week. The purchase comes as the company faces a class-action lawsuit.According to a May 19 announcement, Strategy acquired 7,390 BTC BTC - $100936.042 for about $764.9 million at an average price just under $103,500.

Source: cointelegraph.com

Related symbols: BTCUSD

2025-05-19 12:52:02 GMT.

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Price & Market Data

Price: $100936.042

Volume 24h: $66,880,520,825.40

Market Cap: $2,006,843,788,644.31

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,882,312. The last known price of Bitcoin is 100,663.90526661 USD and is down -1.11 over the last 24 hours. It is currently trading on 12224 active market(s) with $65,500,986,590.99 traded over the last 24 hours. More information can be found at https://bitcoin.org/.