Michael Saylor, co-founder of Strategy, hinted at an upcoming acquisition of Bitcoin by the company as the price hovers around $117,000, a decrease from its all-time high of over $124,000. Recently, Strategy bought 155 BTC for $18 million, raising its total Bitcoin holdings to 628,946 BTC, valued at more than $74.2 billion. The firm has reported a 60% increase on its Bitcoin investment, resulting in over $28 billion in unrealized gains. Over the past nine months, Strategy has significantly increased its Bitcoin purchases, amassing 376,726 BTC compared to just 252,220 BTC over the prior four years. Saylor expressed confidence in Bitcoin's market position amid the rise of competitors in the crypto space, reinforcing that the majority of capital entering the sector is still directed towards Bitcoin. With its vast holdings, Strategy outpaces the top ten corporate Bitcoin holders combined, solidifying its position as a leading player in the market.

Source 🔗