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💰 Strategy (MSTR) acquires another 1,895 BTC and projects billion-dollar purchases by 2029

Strategy (MSTR), led by Michael Saylor, recently acquired 1,895 bitcoins for $180.3 million, raising its total to 555,450 BTC, with an average cost of $68,550 per unit. The company is seen as a leader in corporate treasury strategy in bitcoin. According to Bernstein, Strategy is expected to buy an additional $124 billion in BTC over the next five years. In total, corporate treasuries could add up to $330 billion in bitcoin by 2029, driven by a more favorable regulatory environment in the U.S.