Strategy Expands Bitcoin Holdings with $99.7 Million Purchase
- Strategy acquired an additional 850 BTC for $99.7 million.
- Total Bitcoin holdings of Strategy now stand at 639,835 BTC, valued at approximately $47.3 billion.
- The acquisition took place between September 15 and September 21, following a U.S. Federal Reserve interest rate cut.
- In September, Strategy purchased 3,330 BTC, significantly lower than August’s 7,714 BTC.
- Japanese firm Metaplanet recently acquired 5,419 BTC, increasing its total to 25,555 BTC.
This strategic move by Strategy highlights its commitment to Bitcoin amidst a slowdown in acquisition pace and growing institutional interest in cryptocurrency markets.
With the latest purchase of 850 BTC, Strategy reinforces its position as the largest corporate holder of Bitcoin globally.
