Strategy Inc. plans a Bitcoin acquisition larger than their recent $1.25 billion purchase. Michael Saylor hinted at surpassing their 13,627 Bitcoin holdings. This move would push their total holdings above 700,000 Bitcoin, making them one of the largest holders globally. Strategy’s stock plummeted 50% last year, leading to funding challenges. To continue accumulating Bitcoin, the firm raised $25 billion last year through various stock sales. Wall Street remains cautious, with TD Cowen downgrading the stock due to declining Bitcoin yield. Despite skepticism, some believe Strategy has a competitive advantage in accumulating and offering exposure to Bitcoin.

Read more at Yahoo Finance: MicroStrategy’s Saylor Hints at Bitcoin Acquisition Surpassing $1.25 Billion