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Strategy Buys Almost $2B Worth Bitcoin, Stash Nears 500,000 BTC

Summary by Investopedia

Strategy, formerly known as MicroStrategy, disclosed in an SEC filing on Monday that it now holds roughly 2.3% of the total bitcoin supply.

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Investopedia

Strategy Buys Almost $2B Worth Bitcoin, Stash Nears 500,000 BTC

Strategy, formerly known as MicroStrategy, disclosed in an SEC filing on Monday that it now holds roughly 2.3% of the total bitcoin supply.

MicroStrategy now owns $47.4 billion worth of bitcoin after latest purchases

Last week, the company disclosed that it was more than doubling its bitcoin holdings last year while reducing its workforce

7 days ago·United States

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Crypto News Flash

MicroStrategy CEO Michael Saylor Buys $2B BTC

Bitcoin dropped 3.6% despite Strategy purchasing $1.99 billion worth of BTC, as bearish technical indicators show further downside risks. Michael Saylor proposed a Bitcoin reserve plan to the SEC, which could generate trillions for the U.S. Treasury and help manage the national debt. Bitcoin’s price fell 3.6% on Monday, trading near $93,585, even as Strategy (formerly MicroStrategy) acquired an additional $1.99 billion worth of BTC. Since its la…

7 days ago

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Digital Market News

MicroStrategy Acquires 20,000 Bitcoins, Fueling BTC Bull Token Surge

Billionaire Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), recently disclosed a purchase of 20,356 Bitcoin ($BTC), increasing the company’s Bitcoin holdings to 499,096. This acquisition cost $1.99 billion at a rate of $97,514 per Bitcoin, elevating Strategy’s total investment to $33.1 billion with an average purchase price of $66,357 per Bitcoin. With the current value of Strategy’s Bitcoin reserves at $46 billion, this…

7 days ago

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abbonews.com

MicroStrategy Stock Takes Hit as Bitcoin Plunges, Company Adds 20,356 BTC

MicroStrategy Incorporated (NASDAQ: MSTR) plunged over 7% in pre-market trading on Tuesday after Bitcoin price sank nearly 9% to $87,285. The decline follows the company’s announcement that it added another 20,356 bitcoins to its already substantial cryptocurrency reserves. According to a recent SEC filing, MicroStrategy executed the purchase between February 18 and February 23, 2025, spending approximately $1.99 billion in cash. The company pa…

Bitcoin Ethereum News

Bitcoin Demand Dips as On-Chain Activity Slows, but Strategy’s $2 Billion Bitcoin Purchase Defies Market Trends

For the first time since September 2022, Bitcoin’s demand seems to have diminished, and this recent development signals a shift in market sentiment. Fresh data from Glassnode shows that exchange inflow volumes have dropped sharply, which is usually a sign that on-chain activity is also dropping. Lower on-chain activity generally means lower network utilization, and it seems like the network is being utilized less and less these days. This shift …

7 days ago

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