Cryptocurrencies

Bitcoin Holdings of Saylor’s Strategy Swell to Over $70 Billion

Michael SaylorPhotographer: Ronda Churchill/Bloomberg

The total value of Bitcoin held by Michael Saylor’s Strategy has surpassed $73 billion as the cryptocurrency treasury company resumed purchases of the digital asset with prices at an all-time high.

The former MicroStrategy Inc. bought 4,225 Bitcoin tokens for $472 million at an average price of $111,827 during the seven days ended July 13, according to a filing with the US Securities and Exchange Commission on Monday.