Strategy has further bolstered its Bitcoin holdings by acquiring 705 new coins for about $75 million, solidifying its position as the largest corporate holder of Bitcoin. The purchase, executed between May 26 and June 1, raised the company’s total to 580,955 BTC and was financed through preferred stock offerings, illustrating ongoing institutional interest in Bitcoin as a viable treasury asset. With over 60 public companies adopting similar strategies, corporate Bitcoin holdings now exceed $100 billion, indicating a robust shift in treasury management practices amidst fluctuating market conditions.
Strategy's recent acquisition of 705 Bitcoin solidifies its status as a leading corporate holder, highlighting growing institutional interest in Bitcoin treasury strategies.
By raising nearly $75 million through preferred share sales, Strategy demonstrates strong market support for corporate Bitcoin investments, reflecting a significant trend in treasury management.
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