Strategy Makes First Bitcoin Purchase Since June, Invests $370 Million

BitcoinWorld Strategy Makes First Bitcoin Purchase Since June, Invests $370 Million Strategy, the business intelligence firm formerly known as MicroStrategy, has made its first Bitcoin purchase since June, investing $370 million in the cryptocurrency, according to recent company disclosures.

Timing and Context of the Purchase The acquisition marks a notable shift in Strategy’s accumulation pattern, as the company had paused its Bitcoin buying spree for several months.

The purchase comes amid a period of relative price stability in the crypto market, with Bitcoin trading in a range that analysts describe as a consolidation phase.

This latest investment brings Strategy’s total Bitcoin holdings to approximately 158,000 BTC, acquired at an average price of around $29,000 per coin.