Billionaire Michael Saylor’s Bitcoin acquisition vehicle, Strategy, has recently expanded its cryptocurrency holdings by adding another 487 BTC to its growing treasury.
According to a recent filing with the U.S. Securities and Exchange Commission (SEC), the purchase amounted to approximately $49.9 million.
With this latest acquisition, Strategy’s total Bitcoin holdings have now reached an impressive 641,692 BTC, further solidifying its position as one of the largest institutional holders in the market.
The move highlights continued institutional interest and confidence in Bitcoin as a long-term asset.
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