Michael Saylor’s Strategy has just announced a new Bitcoin purchase, suggesting the price dip hasn’t stopped the company from buying more.

Strategy Has Made A Fresh Addition To Its Bitcoin Treasury

As announced by Strategy chairman Michael Saylor in a new post on X, the company has completed a new Bitcoin acquisition involving 3,018 BTC. The firm purchased these coins for $356.9 million or an average price of $115,829 per token.

According to the filing with the US Securities and Exchange Commission (SEC), the purchase occurred between August 18th and 24th. This is the same window in which BTC faced a drawdown. Thus, it seems the company wasn’t dissuaded by the bearish price action.

In fact, the firm’s purchase this week was significantly bigger than last week’s buy, which involved

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