Strategy Adds 3,273 BTC, Holdings Reach 818,334
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Michael Saylor's Strategy has continued its aggressive Bitcoin accumulation, purchasing 3,273 BTC for $255 million between April 20 and 26. The average price of approximately $77,900 per BTC reflects disciplined buying amid market volatility. This latest acquisition brings Strategy's total holdings to 818,334 BTC, underscoring its unwavering conviction in Bitcoin as a treasury reserve asset. The purchase was executed during a period of relative price stability, suggesting strategic positioning rather than reactive trading. As the largest corporate Bitcoin holder, Strategy's persistent accumulation reinforces institutional confidence and may influence market sentiment positively. However, the lack of disclosure on funding sources—whether debt, equity, or cash flow—leaves some uncertainty about leverage. Overall, this move signals strong long-term bullishness from a key market participant, potentially supporting price floors during dips.
Read full article on CoinTelegraph
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