Strategy Bolsters Bitcoin Holdings to 650,000 Coins Amidst Market Dip

Michael Saylor, CEO of Strategy and a prominent Bitcoin advocate, announced two significant moves today. First, the company increased its bitcoin holdings by acquiring an additional 130 bitcoins for $11.7 million. The acquisition brings the firm’s total Bitcoin stash to 650,000 coins. This action follows a purchase of BTC worth over $48 billion earlier this year, solidifying Strategy’s commitment to Bitcoin as a core asset.