$BTC Strategy continues to actively increase its position in Bitcoin. In mid-July, the company acquired 4,225 BTC for $472.5 million, bringing the total volume of coins in reserve to 601,550 BTC (over $71.4 billion). Michael Saylor's announcement of the new purchase followed a record rise in the price of Bitcoin and the market capitalization surpassing the $4 trillion mark.
Strategy's stock has gained more than 21% in the last month. The market value of the company exceeded $118 billion. Institutional investors, who are prohibited from directly holding Bitcoin, are increasingly buying shares of investment-focused companies like Strategy, gaining indirect access to the growth of the cryptocurrency.
