Company Boosts Treasury With Major Accumulation
Strategy increased its Bitcoin holdings last week after purchasing 10,624 BTC worth about 962.7 million dollars. The company, led by Michael Saylor, disclosed that it paid an average price of roughly 90,615 dollars per coin. This move lifts its total stash to nearly 660,624 BTC, which keeps Strategy in the lead as the largest publicly traded corporate holder of Bitcoin.
Renewed Confidence After Slower Accumulation
The fresh purchase signals a strong return to the company’s aggressive buying strategy. Just a few weeks ago, Strategy added only 130 BTC during a period of market weakness. That cautious approach suggested the firm might pause its long-term plan. However, the latest buy shows that the company remains confident in Bitcoin’s rebound.
Several factors highlight this shift:
- Bitcoin’s price has recovered from recent downturns.
- Investor sentiment has improved across the crypto market.
- Strategy continues to lean on its buy-and-hold philosophy.
Long Term Approach Continues To Shape Strategy’s Future
Since 2020, Strategy has shifted much of its balance sheet into Bitcoin. Saylor has consistently promoted BTC as a superior long term asset. Many supporters view the company’s approach as visionary. However, critics believe such aggressive accumulation exposes shareholders to heavy risks during volatile market cycles.
Even so, Strategy appears focused on expansion rather than caution. The company’s latest investment strengthens its position and sends a clear message to the market. Strategy plans to continue building its Bitcoin reserve regardless of short term price swings. For now, the firm’s confidence in Bitcoin remains unwavering.
