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

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

Michael Saylor's Strategy Expands Bitcoin Holdings

Strategy acquires $2 billion more Bitcoin, nearing a half-million BTC in treasury amid growing institutional interest.

Strategy buys another 20,356 bitcoin for $2 billion as its total holdings reach 499,096 BTC

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…

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…