#StrategyBTCPurchase Strategy, formerly known as MicroStrategy, has been aggressively acquiring Bitcoin as part of its investment strategy. Here are some key points about their approach:

- *Total Holdings*: Strategy currently holds around 597,325 BTC, valued at approximately $64 billion.

- *Recent Purchases*: The company recently acquired 4,980 BTC for $531.9 million, bringing its total holdings to 597,325 BTC.

- *Average Purchase Price*: The average purchase price per Bitcoin is around $70,982.

- *Investment Strategy*: Strategy uses an at-the-market (ATM) equity program to fund its Bitcoin purchases, selling common stock and preferred stock offerings to raise capital.

- *Yield*: The company has achieved a Bitcoin yield of 19.2% year-to-date and aims to reach a target of 25% for the year.

*Strategy's Rationale*

Michael Saylor, Chairman of Strategy, believes in the long-term value of Bitcoin and has stated that he has no intention of selling, even if the price reaches $1 million per coin. The company's approach is centered around accumulating Bitcoin as a treasury asset, demonstrating confidence in its potential for growth.

*Market Impact*

Strategy's aggressive Bitcoin acquisition strategy has contributed to its position as the largest corporate holder of BTC. The company's holdings represent around 2.9% of Bitcoin's circulating supply, giving it significant influence on market sentiment ¹ ².