Strategy Buys 6,556 BTC after Bitcoin Breaks Monthly High

Global tech company Strategy, led by Michael Saylor, has made a significant Bitcoin investment, purchasing 6,556 BTC worth approximately $555.8 million following the cryptocurrency’s recent surge above its monthly high of $87,400. The purchase was detailed in a regulatory filing to the U.S. Securities and Exchange Commission on April 21st. Strategy, formerly MicroStrategy, has already accumulated 538,200 BTC worth roughly $36.47 billion over time. The latest investment brings their total holdings to $36.47 billion. The company’s previous purchase of 3,459 BTC for $285.8 million earlier in the month demonstrates a continued faith in Bitcoin.