Strategy Buys Over $200M in Bitcoin, Holdings Exceed $47B
Strategy has reportedly purchased over $200 million worth of Bitcoin last week. According to reports, the purchase was funded through sales of common and preferred stock. This latest acquisition has increased the company's total Bitcoin holdings to 720,737 coins. The total value of these holdings is reportedly more than $47 billion, according to reports. The development reflects continued institutional interest in Bitcoin as a store of value and investment asset.
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