Strategy Acquires Another 3,459 Bitcoin, Expanding Holdings to Over $36 Billion

Bitcoin company Strategy, formerly known as MicroStrategy, has made another significant investment, acquiring an additional 3,459 BTC for approximately $285.8 million between April 7 and April 13. The move comes after Strategy’s earlier warning about potential Bitcoin divestment to cover mounting debts. The company purchased the BTC using cash proceeds from selling nearly 960,000 MSTR shares. Michael Saylor, Strategy’s CEO, highlights that this acquisition brings their total holdings to over 531,644 $BTC worth nearly $36 billion at an average cost of $67,556 per coin.