Strategy Adds 13,390 BTC, Boosting Holdings to $39.4B
Strategy acquires 13,390 BTC worth $1.34B, pushing total Bitcoin stash to 568,840 BTC valued at $39.41B.
- Strategy acquires 13,390 BTC for $1.34 billion.
- Company now holds 568,840 BTC at $69,287 average price.
- Total Bitcoin holdings valued at $39.41 billion.
Major Bitcoin Purchase Signals Strong Confidence
In a significant move that underscores institutional confidence in Bitcoin, Strategy has announced the purchase of 13,390 BTC for approximately $1.34 billion. This latest acquisition brings the company’s total Bitcoin holdings to an astonishing 568,840 BTC, solidifying its position as one of the largest corporate holders of the digital asset.
The average purchase price for this new batch of Bitcoin was $69,287 per coin, indicating a sustained bullish outlook despite recent market volatility. The total valuation of Strategy’s Bitcoin treasury now stands at an eye-popping $39.41 billion.
Strategy’s Bitcoin Bet Keeps Growing
This isn’t the first time Strategy has made headlines for its Bitcoin strategy. Over the past few years, the company has been steadily increasing its holdings, often during both bullish and bearish phases of the market. The firm’s continued investment suggests a long-term belief in Bitcoin’s role as a store of value and a hedge against fiat currency inflation.
The latest purchase signals to the market that institutional players still see major upside potential in Bitcoin, especially amid growing global interest in decentralized finance and digital assets.
Market Reacts to Bullish Momentum
While retail investors often look to whales and institutions for cues, Strategy’s consistent buying pattern may contribute to increased confidence in Bitcoin’s price stability and future growth. As BTC holds near all-time highs, such significant acquisitions may help reinforce positive sentiment across the crypto space.
This development is not just about numbers—it’s a statement that Bitcoin is no longer a speculative side bet, but a strategic reserve asset for forward-thinking companies.
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