Strategy, a software firm turned Bitcoin treasury company, has been purchasing Bitcoin for over five years, acquiring 607,770 BTC, which is nearly 2.9% of the total Bitcoin supply, valued at over $71 billion. The firm's founder, Michael Saylor, has committed to continuous buying, raising the average purchase price to more than $71,000 per coin. The article outlines Strategy's seven largest purchases, starting with the largest, 55,500 BTC acquired for $5.4 billion on November 25, 2024. Each purchase had observable impacts on Bitcoin’s price, often followed by market fluctuations. For instance, Bitcoin briefly dropped to under $94,000 after this announcement. The analysis goes through past purchases, noting a significant trend of Strategy influencing Bitcoin prices, as the firm has led the way in institutional Bitcoin investment. Other notable purchases include 51,780 BTC for $4.6 billion, and 29,646 BTC at $21,925 each during the bull market of December 2020. Overall, Strategy's approach reflects a significant paradigm shift in how publicly traded firms engage with cryptocurrencies.

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