✉news BusinessCrypto first seen 11 h ago, last 3 h ago, peak #21
Strategy buys $142.7 million in bitcoin
Original: Strategy buys $142.7M worth of bitcoin
Strategy, the software firm formerly known as MicroStrategy, has bought another $142.7 million worth of bitcoin, continuing its long-running policy of holding the cryptocurrency on its balance sheet. The purchase keeps the company among the largest corporate holders of bitcoin and reinforces its position as the most prominent public-company backer of the asset.
Why now: Ongoing attention to Strategy's corporate bitcoin accumulation strategy and its influence on the cryptocurrency market
Evidence
- Strategy buys $142.7M worth of bitcoin · Yahoo Finance
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