Investing & Markets

Strategy Bolsters Bitcoin Portfolio to 640,031 BTC Amid Market Shifts

Strategy Bolsters Bitcoin Portfolio to 640,031 BTC Amid Market Shifts

In a landscape increasingly defined by digital assets, the steadfast accumulation strategy of companies like Strategy continues to capture significant attention. The Bitcoin treasury firm recently reaffirmed its commitment to the pre-eminent cryptocurrency, announcing the addition of 196 BTC to its extensive portfolio. This latest acquisition, valued at $22.1 million, pushes the company's total Bitcoin holdings beyond the 640,000 mark, highlighting an unwavering belief in Bitcoin's long-term value proposition amidst fluctuating market sentiments. Strategy's Sustained Bitcoin Accumulation Amidst Market Shifts Strategy, under the visionary leadership of Chairman Michael Saylor, has become synonymous with strategic Bitcoin accumulation. Following Saylor's customary "Always ₿e Stacking" pronouncement, the firm executed its latest purchase between September 22nd and 28th. This involved acquiring 196 Bitcoins at an average price of $113,048 per token, culminating in …

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