Strategy Doubles Down on Bitcoin Holdings: Acquiring $18 Million Worth

Michael Saylor’s company, Strategy, has made a substantial investment in Bitcoin, adding 155 bitcoins to its portfolio for approximately $18 million. This acquisition, as disclosed in an SEC filing on Monday, brings the total bitcoin holdings to 628,946, marking a significant milestone since their initial purchase in 2020. The company’s investment now exceeds $76 billion in value, with an average cost of $73,288 per bitcoin.