WS #14988
Strategy (formerly MicroStrategy) has purchased an additional 1,665 Bitcoin for $142.7 million, bringing its total holdings to 847,666 BTC. This aggressive accumulation, funded by share sales, underscores the company's strategy of leveraging its balance sheet to hold Bitcoin as a primary reserve asset. The move coincides with Polymarket pricing Bitcoin above $80,000 by late September, reflecting strong market conviction in near-term crypto upside.
Bitcoin Treasury Expansion
Strategy (formerly MicroStrategy) has purchased an additional 1,665 Bitcoin for $142.7 million, bringing its total holdings to 847,666 BTC. This aggressive accumulation, funded by share sales, underscores the company's strategy of leveraging its balance sheet to hold Bitcoin as a primary reserve asset. The move coincides with Polymarket pricing Bitcoin above $80,000 by late September, reflecting strong market conviction in near-term crypto upside.