STRATEGY EXPANDS BITCOIN HOLDINGS WITH $285.8 MILLION PURCHASE

“`html

Strategy, formerly known as MicroStrategy, has once again made headlines with its latest Bitcoin acquisition spree. The company, which holds the title of the world’s largest corporate owner of BTC, has added 3,459 Bitcoin to its portfolio, investing approximately $285.8 million at an average price of $82,618 per coin.

According to MICHAEL SAYLOR, the company’s former CEO and founder, Strategy now holds a staggering 531,644 Bitcoin, acquired for a total of $35.92 billion at an average cost of $67,556 per coin. This move underscores the firm’s continued confidence in the leading cryptocurrency as a strategic asset.

This acquisition is part of Strategy’s ongoing commitment to strengthen its Bitcoin holdings in 2025. Earlier this year, the company signaled its intent to accumulate more Bitcoin to solidify its market position. In February, Strategy announced a stock offering aimed at raising funds for further Bitcoin acquisitions. Additionally, last month, SAYLOR revealed that the company had leveraged $21 billion in preferred STRK stock to secure more Bitcoin.

While Strategy’s aggressive Bitcoin strategy has drawn attention, the company has emphasized that its decisions are contingent on market conditions. The firm reserves the right to adjust its plans based on evolving circumstances.

As of now, Strategy’s Bitcoin holdings remain a cornerstone of its corporate strategy, reflecting growing institutional interest in the cryptocurrency sector.

Source: X (formerly Twitter)

“`

By Bardil

Leave a Reply

Your email address will not be published. Required fields are marked *