✉news BusinessCrypto first seen 10 h ago, last 6 h ago, peak #6
Strategy adds 1,665 bitcoin in $143 million purchase
Original: 'Even more orange': Strategy buys 1,665 bitcoin for $143 million as total holdings reach 847,666 BTC
Strategy, formerly MicroStrategy, has purchased another 1,665 bitcoin for roughly $143 million, lifting its total holdings to 847,666 BTC. The company remains the largest corporate holder of bitcoin, continuing an aggressive accumulation strategy under executive chairman Michael Saylor that has made its stock a proxy for crypto exposure. Traders and analysts track each weekly disclosure closely, as the purchases signal ongoing institutional demand and often move market sentiment around bitcoin's price.
Why now: Strategy's steady weekly bitcoin buys are closely watched as a signal of institutional demand and a driver of crypto market sentiment.
StrategyMicroStrategyMichael Saylorbitcoin
Evidence
- 'Even more orange': Strategy buys 1,665 bitcoin for $143 million as total holdings reach 847,666 BTC · The Block
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