Macro uncertainty and political turmoil have failed to deter Strategy from continuing its recent bitcoin accumulation spree, with the company adding another 334 units for $28.7 million.
Although this particular purchase was a relatively modest one compared with some of the firm’s massive acquisitions completed until several months ago, its impact was still significant and two-fold. First, Strategy extended its weekly accumulation spree to three in a row. Second, and perhaps more importantly, its total holdings reached a new all-time high of 848,000 $BTC.
Strategy has solidified its spot as the world’s largest corporate holder of the leading cryptocurrency. Its purchases began over six years ago, and the firm has spent almost $64 billion (average price of $75,441 per unit) to build its fortune.
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