Strategy Inc. Expands Bitcoin Holdings with $204 Million Purchase

Strategy Inc., the parent company of MicroStrategy, continues to expand its bitcoin holdings with significant purchases.

The latest acquisition saw the company acquire 3,015 BTC for approximately $204.1 million at an average price of about $67,700 per bitcoin.

This purchase brings Strategy's total holdings to 720,737 BTC, valued at around $47 billion at current market prices. The total cost basis for its bitcoin position now stands near $75,985 per bitcoin, with the company having spent roughly $54.77 billion since 2020.