Strategy Acquires $255 Million Worth of Bitcoin, Total Holdings Exceed 800,000 Tokens
Strategy (NASDAQ: MSTR) has purchased $255 million worth of Bitcoin, increasing its total holdings to 818,334 BTC, valued at $63.7 billion. The acquisition was funded by the sale of MSTR shares, and the company now owns 3.9% of Bitcoin's total supply. The move highlights the company's continued investment in Bitcoin despite a 54% decline in its stock price over the past year.
Topics: Bitcoin Corporate Holdings Crypto Investment Market Movements Stock Sales