Strategy’s Bold Bitcoin Move: Acquiring Over $250 Million Worth

Investment firm Strategy, formerly known as MicroStrategy, has taken a bold step in the cryptocurrency market by acquiring over 3,459 bitcoins between April 7th and April 13th. The purchase, totaling approximately $258.8 million, was disclosed through a recent filing with the U.S. Securities and Exchange Commission, bringing Strategy’s total Bitcoin holdings to a significant 531,644, representing over 2.5% of the entire bitcoin supply. This acquisition follows their earlier investment of $1.9 billion in BTC during March.