๐ Breaking News: Strategy adds 3,081 Bitcoin to its reserves!
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๐ฅ Whatโs new?
โ Strategy, the largest public company holding Bitcoin, has purchased an additional 3,081 Bitcoin valued at approximately $357 million.
โ With this purchase, the companyโs total holdings reach 632,457 Bitcoin, valued at over $46.5 billion (at purchase cost), with a current market value of about $70 billion.
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๐ก Why is this development important?
โ This purchase serves as a continued affirmation from the company of its confidence in Bitcoin as a primary reserve asset.
โ Strategy continues to solidify its position as a key player in attracting institutional capital to the cryptocurrency market.
โ Each new purchase by these major companies increases the legitimacy and reliability of Bitcoin as a long-term investment asset.
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โ Do you think this ongoing accumulation by major companies could limit supply in the market and support the price?
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