Bitcoin investment firm Strategy, formerly known as MicroStrategy, recently added another 15,355 bitcoins to its holdings, increasing its total Bitcoin (BTC) holdings to over 550,000 BTC. The company spent approximately $1.42 billion at an average price of $92,737 per bitcoin on this purchase, as detailed in a recent SEC filing. This move brings Strategy’s total Bitcoin investment value to nearly $52 billion, with its average purchase price now standing at $68,459 per bitcoin. 6. 550,000 BTC represents over 2.6% of the world’s fixed supply of Bitcoin. 7 The company is following a strategic approach to Bitcoin accumulation, as evidenced by recent announcements from firms such as Cantor Fitzgerald, SoftBank, Bitfinex, and Tether, who have announced a $3.6 billion Bitcoin venture. This strategy reflects growing competition in corporate Bitcoin ownership. Strategy’s shares closed up over 5% at $368.71 on Friday and gained another 1.42% in pre-market trading Monday, reflecting investor confidence in the company’s bitcoin holdings.