Strategy Inc. Adds 220 Bitcoin to Holdings Amid Market Volatility

Investment firm Strategy Inc. bolstered its bitcoin holdings by acquiring an additional 220 bitcoins, bringing its total treasury to a substantial 640,250 bitcoins. This acquisition followed a period of significant market volatility marked by price fluctuations and market deleveraging events. Strategy’s latest purchase, which cost approximately $27.2 million, highlights the company’s long-term commitment to accumulating bitcoin despite challenging market conditions.