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

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 6 Views

Michael Saylor’s Strategy slowed Bitcoin buying last week as BTC neared $100,000, while Semler Scientific ramped up its crypto investments.

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.

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