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Strategy acquires 130 Bitcoin at $90K, holdings reach 650,000 BTC

Crypto Briefing
Strategy purchased 130 Bitcoin for $11.7 million in late November, bringing its total holdings to 650,000 BTC.

Summary

The business intelligence firm Strategy, led by Michael Saylor, acquired an additional 130 Bitcoin in late November for $11.7 million, averaging about $90,000 per coin. This purchase increases Strategy's total Bitcoin holdings to 650,000 BTC, which is valued near $56 billion at current market rates. This acquisition reaffirms the company's commitment to accumulating Bitcoin as a long-term value asset for its corporate treasury, even amidst market fear and recent price declines that have caused some analysts to question corporate holdings.

(Source:Crypto Briefing)