Michael Saylor’s Strategy Firm Expands Bitcoin Holdings Amid Price Surge
- Strategy purchased an additional 390 BTC for $43 million at an average price of $114,562 per coin.
- Total holdings now stand at 640,808 BTC, valued at approximately $47.44 billion.
- The firm reported a year-to-date yield of 26% on its Bitcoin investments.
- This marks the third consecutive week of Bitcoin purchases by Strategy, following a pause earlier in the month.
- MSTR shares increased nearly 2%, trading close to $289, as Bitcoin reached $116,000.
The recent acquisition comes as the crypto market anticipates significant economic events, including the upcoming FOMC meeting and U.S.–China trade discussions that could impact investor sentiment.
With total holdings of 640,808 BTC, Strategy continues to solidify its position as the largest corporate holder of Bitcoin amid rising prices and market recovery.
