Strategy, led by Michael Saylor, acquires $1 billion in Bitcoin, bringing total holdings to 660,624 BTC at an average price of $74,696. Despite stock price decline of 51%, Strategy boasts $60 billion in unrealized gains on BTC holdings, up 22% from cost basis. Source: BitcoinTreasuries.NET.

Saylor promotes Bitcoin to wealth funds, emphasizing its role as digital gold and capital. Despite stock price struggles, Strategy CEO reaffirms commitment to Bitcoin, recently raising $1.44 billion to dispel FUD. Fears about meeting dividend obligations amid stock price drop addressed by Strategy CEO Phong Le.

Digital asset treasuries experience slowest month in November, with $1.32 billion in inflows, down 34% from October. Bitcoin-focused firms lead with over $1 billion in inflows, driven by Strategy’s $835 million purchase. Ether-focused DATs see $37 million in outflows. Source: DefiLlama data.

Read more at Cointelegraph: Strategy Buys Nearly $1B In BTC As Treasury Hits 660,000 Coins