Strategy Adds 7,390 BTC, Reaching New Holdings Highs Amidst Market Gains

Strategy, the business intelligence software company founded by Michael Saylor, has significantly increased its Bitcoin holdings. The company recently made a substantial acquisition, adding 7,390 BTC to their existing stash of 576,230 BTC. This brings Strategy’s total Bitcoin reserves to an impressive ~$40 billion at an average purchase price of just under $70,000 per bitcoin, yielding a notable unrealized profit of over $19 billion as of the current market price. This Monday acquisition follows Metaplanet’s own recent buy-in of 1,004 BTC, further demonstrating growing interest in Bitcoin.