Bitcoin Holdings Soar Past $47 Billion as Strategy Acquires More BTC

Michael Saylor’s Bitcoin investment firm, Strategy, has just made another significant purchase, adding 640,250 Bitcoin to its holdings. This latest acquisition brings their total Bitcoin holdings to an impressive $47.38 billion, with a cost per coin averaging around $74,000. The move comes as Bitcoin’s price recovers after a recent market downturn, now trading above $114,542. This resurgence has bolstered investor confidence and fueled renewed buying interest.