The company behind the largest Bitcoin treasury made an $835 million purchase of 8,178 Bitcoin, significantly increasing its investments compared to previous months.
Despite a recent 11% price drop in Bitcoin, the company maintains the largest Bitcoin treasury with 649,870 BTC, following its consistent buying strategy since August 2020.
Strategy’s executive chair, Saylor, confirmed continued acquisition of Bitcoin despite recent price fluctuations and a 16% decline in the company’s stock value.
Gold critic Peter Schiff challenged Saylor to a debate, calling Strategy’s business model a fraud, with Saylor yet to publicly respond to the challenge.
Read more at cointelegraph.com: Strategy Steps up Bitcoin Buys with 8,178 BTC Purchase
