Strategy Acquires Additional 4980 BTC Valued at $106,801 Each

Strategy, a company founded by Michael Saylor, recently announced the acquisition of 4,980 Bitcoins (BTC), spending over $531 million at approximately $106,801 per BTC. This purchase brings the company's total holdings to 597,325 BTC, which were bought for about $42.4 billion. The current value of these holdings exceeds $64 billion, indicating a paper profit of nearly $22 billion.

The company's most recent acquisition significantly surpasses the 245 BTC it bought the previous week for around $26 million. Since its first Bitcoin purchase in August 2020, Strategy has become the largest corporate holder of the cryptocurrency, surpassing other holders like Marathon Digital, Twenty-One Capital, and Galaxy Digital.