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Strategy Makes $1 Billion Bitcoin Buy During Israel-Iran Conflict

Avatar photo Sonny S. Watts 12 months ago

Michael Saylor’s firm, Strategy, purchased 10,100 BTC during the week ending June 16. The total value of the Bitcoin buy was $1 billion, with an average cost of $104,080 per coin. The purchase followed a price decline from $110,000 to a low of $103,639, triggered by reports that Israel attacked Iranian nuclear facilities. This acquisition […]

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Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.