- 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.
Your completely free resource hub designed to boost your knowledge of cryptocurrencies
This move takes placce as Bitcoin’s price declines below $100,000.
The new acquisition exhibits growing institutional confidence in the long-term value of Bitcoin despite short-term volatility.
According to Market Analysts tensions in the Middle East and uncertainty of U.S. monetary policy are reasons for the recent crypto market jitters.
However, institutional players continue to view Bitcoin as a strategic asset, especially during periods of market stress.
In this context, this latest purchase shows how investment firms deepen their exposure to digital assets.
Today, the market recovered most of its previous day’s losses, after an Israel and Iran ceasefire.
