Strategy Tops 845,000 BTC After Latest $101M Bitcoin Purchase

Strategy has strengthened its Bitcoin position by purchasing 1,550 BTC for approximately $101 million, raising its total holdings to 845,256 BTC and further expanding its crypto reserves.

This latest move comes shortly after the company sold 32 BTC last week, a transaction made to help fund preferred stock distributions.

Additionally, Strategy has expanded its USD reserves from $900 million to $1 billion, adding an extra layer of financial stability alongside its updated Bitcoin position.

Source: Strategy