✉news BusinessCrypto first seen 7 h ago, last 31 min ago, peak #7
Strategy Buys $143 Million Of Bitcoin
Strategy, the business intelligence firm formerly known as MicroStrategy, has purchased an additional $143 million worth of bitcoin, according to Yahoo Finance. The company remains the largest corporate holder of bitcoin, and its repeated acquisitions are closely followed as a signal of institutional confidence in the cryptocurrency. Details on the size of the latest purchase in bitcoin terms were not included.
Why now: Strategy's ongoing bitcoin purchases are a closely watched indicator of institutional demand for cryptocurrency.
Evidence
- Strategy Buys $143 Million Of Bitcoin · Yahoo Finance
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