Strategy (MSTR) Amasses Over $255 Million in New Bitcoin Holdings

Strategy (MSTR) has continued its aggressive acquisition of Bitcoin, adding another $255 million worth of coins to its portfolio. The latest purchase brings the company's total holdings to an impressive 818,334 BTC.

In a statement, MSTR chair Michael Saylor revealed that each coin was acquired at an average price of around $75,537 per token, resulting in a total investment of approximately $61.81 billion.

This significant move further solidifies Strategy's position as one of the leading institutional holders of Bitcoin, with its reserves now accounting for over 3.9% of the cryptocurrency's fixed 21 million supply cap.