Strategy Buys $26 Million Worth Of Bitcoin
Briefly

Strategy has expanded its Bitcoin holdings by acquiring an additional 245 BTC for approximately $26 million, bringing its total to 592,345 BTC. This purchase is part of a consistent accumulation strategy, despite market volatility driven by geopolitical events, such as U.S. airstrikes in the Middle East. Funded through its equity offerings, the company achieves a Bitcoin yield nearing its 2025 target. The purchase reflects confidence in Bitcoin's recovery, as its price rebounded from recent lows, indicating a strategic long-term investment approach in a fluctuating market.
Strategy has consistently pursued a steady Bitcoin accumulation, acquiring an additional 245 BTC for $26 million, despite ongoing market volatility influenced by geopolitical tensions.
The recent acquisition increased Strategy's total Bitcoin holdings to 592,345 BTC, showcasing a strong commitment to its investment strategy amid fluctuating prices.
Funding for the Bitcoin purchase primarily came from the company's equity offerings, demonstrating its active management approach through market conditions.
Despite geopolitical tensions affecting the market, Bitcoin prices saw a recovery, allowing Strategy to maintain its accumulation strategy effectively.
Read at Bitcoin Magazine
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