MikeTrendsTrends right now

✉news BusinessCrypto first seen 9 h ago, last 5 h ago, peak #23

Strategy Buys $142 Million in Bitcoin as Price Hits 8-Month High

Original: Strategy Bought $142 Million in Bitcoin as Cryptocurrency Hit 8-Month High

Strategy, the company formerly known as MicroStrategy, purchased $142 million worth of Bitcoin as the cryptocurrency reached an eight-month high. The purchase continues the firm's well-known treasury strategy of accumulating Bitcoin, and its timing at recent price highs is drawing attention from investors tracking corporate crypto holdings.

Why now: Bitcoin's rally to an eight-month high and Strategy's continued large purchases are fueling debate about corporate Bitcoin accumulation.

StrategyMicroStrategyBitcoin

Open on news →

Rank over time, top of the chart is #1. 4 snapshots from 9 h ago to 5 h ago.

Evidence

API: https://socialmediatrends-api.osmike.com/v1/trends/255849