Strategy, formerly MicroStrategy, continued its Bitcoin accumulation strategy by purchasing an additional 130 BTC for $10.7 million, at an average price of $82,981, according to the firm's latest disclosure. This acquisition, funded by the sale of 123,000 shares of STRK, brings their total holdings to 499,226 BTC, valued at $41.67 billion with an unrealized profit of $8.5 billion. Despite the recent market downturn, this purchase is one of Strategy's smallest since April 2024. The company seems determined to increase its Bitcoin holdings while the price remains under $85,000, even though previous acquisitions since November 2024 resulted in unrealized losses, as they were made when Bitcoin traded above $88,500. This reduced purchasing activity from the world's largest corporate Bitcoin holder could signal to Metaplanet and Bitcoin ETF investors that the market correction is ongoing.
Strategy Acquires 130 More Bitcoin Amid Market Dip, Total Holdings Reach 499,226 BTC
Edited by: Elena Weismann
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