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Strategy buys 1,286 Bitcoin valued at $116M

Crypto Briefing
Strategy, led by Michael Saylor, acquired 1,286 Bitcoin worth $116 million to bolster its significant corporate crypto holdings.

Summary

Strategy, the software company chaired by Michael Saylor, has purchased an additional 1,286 Bitcoin for $116 million, further solidifying its status as a major corporate holder of the cryptocurrency. This acquisition brings Strategy's total Bitcoin reserve to 673,783 BTC, while also increasing its USD reserve by $62 million to $2.25 billion. Saylor remains a strong proponent of Bitcoin as a store of value and actively encourages its adoption among institutional investors.

(Source:Crypto Briefing)