$BTC

📣 Strategy plans to raise $21 billion to purchase Bitcoin

The company Strategy (formerly MicroStrategy) announced a stock placement of $21 billion to direct the raised funds towards further purchases of BTC.

Since adopting the Bitcoin accumulation strategy in 2020, the company has acquired 499,096 BTC (~2.52% of the total supply) and continues to increase its holdings.

This move could have a significant impact on the market, given the limited supply of Bitcoin and growing institutional demand.

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