Important takeaways
- Strategy acquired another 397 Bitcoin for $45.6 million.
- The company continues its aggressive strategy of accumulating Bitcoin cash via regular purchases.
Strategy, a business intelligence firm that runs an aggressive Bitcoin treasury strategy, acquired 397 Bitcoin for $45.6 million, according to an announcement on Monday.
The purchase continues the company’s emphasis on its Bitcoin return approach through regular acquisitions funded by capital raising methods such as ATM programs.
Analysts have confirmed a positive outlook for Strategy’s stock, highlighting its Bitcoin holdings as a key driver of long-term value.
There has been a slight decline in the strategy’s Bitcoin purchases compared to previous months, but the firm maintains its commitment to ongoing accumulation.
