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

cryptoweekly by cryptoweekly
May 5, 2025
in bitcoin, News
0

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 a new batch of 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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Recent Posts
  • XRP price to $4 next? ‘Most profitable phase’ likely here, says analyst
  • Metaplanet adds 790 Bitcoin, now holds 17,130 BTC worth over $2B
  • Crypto funds post $1.9B inflows as Ether leads weekly gains
  • Eigen Labs CEO says ‘critical milestone’ slashes scalability trade-off
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  • SharpLink buys $295M in ETH — more than all the Ether issued last month
  • Democrats probe housing regulator over considering crypto in mortgages

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