Strategy Adds 3,273 BTC to Treasury, Closing In on Ambitious Million-Bitcoin Goal
Michael Saylor’s Strategy has expanded its bitcoin treasury once again, acquiring an additional 3,273 BTC as the software firm continues its aggressive accumulation strategy toward an unprecedented one million bitcoin target. The latest purchase brings the company’s total holdings to 818,334 BTC, reinforcing its position as the world’s largest corporate bitcoin holder. According to the company’s disclosure, Strategy has invested approximately $62 billion across all its bitcoin acquisitions, translating to an average acquisition cost of around $75,537 per coin. This recent buy represents another step in Saylor’s unwavering conviction in bitcoin as a superior treasury reserve asset, a strategy the executive chairman has championed since 2020. The accumulation strategy has transformed Strategy from a relatively obscure business intelligence firm into a de facto bitcoin investment vehicle, with its stock price often moving in correlation with cryptocurrency markets. With more than 818,000 bitcoin now on its balance sheet, Strategy controls roughly 3.9% of bitcoin’s total 21 million supply cap, making it one of the most significant institutional players in the digital asset space. The company’s approach has sparked both admiration and criticism, with supporters praising the bold treasury strategy while skeptics question the concentration risk. Market observers will be closely monitoring whether Strategy maintains its acquisition pace and how it plans to bridge the remaining gap to reach its ambitious million-coin milestone.
Source: CoinDesk | This article has been independently rewritten by Block Digest. Original reporting credit to the source.
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