Strategy Buys Another $584 Million Worth Of Bitcoin

Strategy Buys Another $584 Million Worth Of Bitcoin

Business Intelligence Company strategy bought an additional $ 584 million of Bitcoin, which increased its total holdings to more than half a million BTC.

Strategy I got 6,911 bitcoin Between 17-23 March at an average price of 84,529 dollars per currency. This is up to the company's Bitcoin reserves to 506,137 BTC, which was purchased at a cost of $ 33.7 billion.

The strategy has been accumulated by Bitcoin since 2020 under the supervision of CEO Michael Sailor. The company Bitcoin is a long -term store of value to hedge against inflation and global certainty.
The money for this last purchase of Bitcoin came from the sale of a strategy of 1.975 million shares of regular shares, raising about $ 592 million and Star ATM.

With the concentration of the laser on Bitcoin, the strategy has become a leading example of companies to customize the cabinet reserves for Vikwain. Other public companies, such as Metaplanet and Semler Scientific, have followed a smaller game plan.

By caring for its future on the effects and adoption of the Bitcoin network as “digital gold”, the strategy aims to increase the value of shareholders in the long term. The company's share price has increased since the first BTC purchase.

With Bitcoin gain credibility between institutions, companies and even countries, the strategy is still confident of its strategy that focuses on Bitcoin. This recent acquisition shows that the company puts its money as its mouth is during the constant maturity of the assets.

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