✉news BusinessCrypto first seen 1 d ago, last 12 h ago, peak #1
Strategy buys $21 million of Bitcoin as corporate buying revives
Original: Strategy buys $21 million worth of Bitcoin as corporate crypto buying shows signs of revival
Strategy, the company formerly known as MicroStrategy, has bought roughly $21 million worth of Bitcoin, adding to its already large holding of the cryptocurrency. The purchase is being read as a sign that corporate appetite for Bitcoin is picking up again after a quieter stretch, reviving talk that more listed companies may resume adding crypto to their treasuries.
Why now: A renewed Bitcoin purchase by the largest corporate holder is being seen as a signal that institutional and corporate crypto buying is recovering.
Evidence
- Strategy buys $21 million worth of Bitcoin as corporate crypto buying shows signs of revival · Fortune
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