Strategy, led by Michael Saylor, has purchased 22,305 Bitcoin for $2.13 billion, bringing their total holdings to 709,715 BTC. This marks their biggest purchase since February 2025, signaling an acceleration in buying pace. The stock surged past $185 as Bitcoin hit a multi-month high above $97,000.
In acquiring 709,715 BTC, Strategy now holds about 3.37% of the total 21 million BTC supply. This move comes after a period of uncertainty for digital asset treasuries, with market experts now re-evaluating which companies will survive. James Butterfill of CoinShares emphasizes the importance of disciplined treasury management and realistic expectations for digital assets.
Read more at Cointelegraph: Strategy Buys $2.13B In Bitcoin, Holdings Surpass 700K
