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✉news BusinessCrypto first seen 4 h ago, last 1 h ago, peak #17

Strategy adds 334 bitcoin, holdings reach 848,000 BTC

Original: Strategy buys 334 bitcoin and holds 848,000 BTC as of October 4

Strategy, the bitcoin-focused company formerly known as MicroStrategy, purchased 334 bitcoin and reported total holdings of 848,000 BTC as of October 4. The purchase continues the firm's long-running accumulation strategy, which has made it the largest corporate holder of bitcoin. Its buying activity is closely watched as an indicator of institutional demand for the cryptocurrency.

Why now: Strategy's continued bitcoin purchases are seen as a barometer of institutional demand and often move the crypto market.

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