Browsing: corporate Bitcoin holdings

The recent Strategy Bitcoin purchase marks a pivotal move in the evolving landscape of cryptocurrency investment.In a bold step, Strategy acquired 1,283 Bitcoin for $116 million, elevating its corporate Bitcoin holdings to an impressive 673,783 BTC despite experiencing a staggering paper loss of $17.4 billion in Q4.

In a significant move within the Bitcoin purchasing landscape, companies have recently ramped up their investments in this leading cryptocurrency, with a total net purchase of $21.86 million reported by global publicly listed companies last week.Notably, Strategy, formerly known as MicroStrategy, spearheaded this trend by acquiring 130 bitcoins for $12 million, pushing its corporate Bitcoin holdings to an impressive total of 650,000 bitcoins.