- Strategy, formerly known as MicroStrategy Inc., is the world’s largest publicly traded Bitcoin investor.
- The firm has reportedly acquired an additional 245 Bitcoin (BTC).
- This is despite growing geopolitical tensions.
Michael Saylor’s Strategy has reportedly acquired an additional 245 Bitcoin (BTC) yesterday.
This acquisition occurred during a broad market downturn triggered by geopolitical concerns at the time.-
According to recent SEC filings, the firm now holds a total of 1,384 BTC, valued at approximately $90 million.
This move coincides with Bitcoin’s price declining below $100,000.
The fresh acquisition reflects growing institutional confidence in the long-term value of Bitcoin despite short-term volatility.
Market analysts suggest that increased tensions in the Middle East and uncertainty surrounding U.S. monetary policy have contributed to recent crypto market jitters.
Despite macroeconomic headwinds and regulatory ambiguity, institutional players continue to view Bitcoin as a strategic asset, especially during periods of market stress.
This latest purchase amplifies this trend as more traditional investment firms deepen their exposure to digital assets. oday, the market recovered most of its previous day’s losses, thanks to a ceasefire agreed upon by Israel and Iran.
