Bitcoin Is at Its Highest Price Since January. Strategy Buys the Cryptocurrency.

Bitcoin prices rose Monday to their highest levels in eight months, and Strategy Inc. the largest corporate holder of Bitcoin purchased about $76 million worth of the cryptocurrency last week. The cryptocurrency traded as high as $85,166 intraday, its highest since Jan. 29. Bitcoin also was on pace for its highest 4 p.m. Eastern time price level since Jan. 28, when it traded at $89,004.47, according to Dow Jones Market Data. Continue Reading