Guavy AI Editorial TeamSentiment: 2Clout: 70

Strategy's Bitcoin Accumulation Continues Amid Price Volatility

Strategy, a company led by executive chairman Michael Saylor, has been actively accumulating Bitcoin through equity sales over the past two weeks.

The firm has amassed around $3.4 billion in Bitcoin, with its holdings reaching 709,715 coins as of Monday, valued at over $60 billion at current market prices.

Saylor posted on Thursday that he is thinking about buying more Bitcoin, which breaks from his established pattern of previewing purchases on weekends via social media posts featuring orange dots.

The company has been executing its long-term cryptocurrency treasury strategy, funding acquisitions through a combination of common and preferred stock offerings.