Strategy Doubles Down on Bitcoin with $110 Million Purchase, Approaching 600,000 BTC Milestone

Crypto firm Strategy has significantly bolstered its Bitcoin holdings with a recent acquisition worth $110 million, according to co-founder Michael Saylor’s announcement. The company now boasts over 582,000 BTC acquired for more than $40.7 billion, bringing them close to surpassing the 600,000 BTC milestone. This latest purchase pushed Strategy’s average purchasing price above the $70,000 level, a significant jump from their previous acquisition.