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✉news BusinessCrypto first seen 5 h ago, last 17 min ago, peak #21

Strategy buys $142.7 million worth of bitcoin

Original: Strategy buys $142.7M worth of bitcoin

Strategy, the company formerly known as MicroStrategy, has purchased roughly $142.7 million worth of bitcoin, continuing its long-running practice of adding the cryptocurrency to its corporate treasury. The company is the largest corporate holder of bitcoin, and each new purchase is closely watched as a signal of institutional confidence in the asset and often moves market sentiment.

Why now: Strategy's continued large-scale bitcoin buying draws attention as a barometer of institutional demand for cryptocurrency.

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