Strategy’s Bold Bitcoin Buy: Billions Invested Amidst Market Downturn

Last week saw rumors of Strategy divesting a significant portion of its Bitcoin holdings, but this was later dispelled by Michael Saylor. However, the company surprised investors with an enormous purchase in the new week. This move sparked anticipation of a substantial investment on Monday. 8,178 BTC worth approximately $835 million were acquired at an average price of $102,171 per coin – significantly before market downturn intensified.