Strategy Invests $1.92 Billion in Bitcoin: Market Impact and Long-Term Vision

Software firm Strategy, formerly known as MicroStrategy, has made waves with a substantial Bitcoin investment. The company recently purchased 22,048 BTC at an average price of $86,969, raising its holdings to 528,185 BTC and exceeding $43 billion in total value. This significant acquisition was funded through a combination of stock issuance ($1.2 billion) and preferred stock ATM with $18.52 million utilization. The company has used these funds to capitalize on the recent market recovery in Bitcoin’s price.