Strategy Acquires 130 More Bitcoin

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Bitcoin treasury firm Strategy has purchased an additional 130 BTC for $11.7 million, bringing its colossal holdings to 650,000 Bitcoin.

The company funded its latest acquisition and established a new $1.44 billion US dollar reserve for dividends and debt interest through the sale of its common stock.

Strategy’s total Bitcoin position, now worth approximately $56 billion, represents over 3% of the entire Bitcoin supply and reflects substantial unrealized gains.