Strategy increases its Bitcoin reserves again with a near-$143 million buy ₿💰
Strategy continues to strengthen its position in Bitcoin and has added another 1,665 BTC to its balance, for an approximate value of $142.7 million.
The purchase was made at an average price of $85,681 per BTC, confirming that the company is maintaining its accumulation strategy even at elevated market levels.
Following this transaction, Strategy now controls close to 847,666 BTC. The estimated total cost of all of its acquisitions is already around $64.0 billion.
The figure also stands out for its weight within the total Bitcoin supply: the company holds more than 4% of the maximum cap of 21 million BTC that can exist.
The move once again highlights Strategy’s conviction in Bitcoin as a long-term asset, although a corporate buy of this size does not necessarily mean the price will keep rising. 📈
Strategy continues to strengthen its position in Bitcoin and has added another 1,665 BTC to its balance, for an approximate value of $142.7 million.
The purchase was made at an average price of $85,681 per BTC, confirming that the company is maintaining its accumulation strategy even at elevated market levels.
Following this transaction, Strategy now controls close to 847,666 BTC. The estimated total cost of all of its acquisitions is already around $64.0 billion.
The figure also stands out for its weight within the total Bitcoin supply: the company holds more than 4% of the maximum cap of 21 million BTC that can exist.
The move once again highlights Strategy’s conviction in Bitcoin as a long-term asset, although a corporate buy of this size does not necessarily mean the price will keep rising. 📈
