The post Strategy Inc. Boosts Bitcoin Holdings in Recent Purchase – Coincu appeared on BitcoinEthereumNews.com.

Key Points: Strategy Inc. acquires 130 BTC with $10.7 million from STRK share sales. Mixed market reactions to Strategy’s bullish Bitcoin stance. Bitcoin’s market cap dominance exceeds 60% amid price fluctuations. Strategy Inc. Raises $10.7 Million for Bitcoin Purchase Strategy Inc., led by Michael Saylor, has once again fortified its Bitcoin holdings, acquiring an additional 130 BTC as part of a strategic accumulation plan. On March 23, 2025, Strategy Inc. completed a significant Bitcoin acquisition, funded through the sale of 123,000 shares of STRK, generating net proceeds of approximately $10.7 million. Despite mixed reactions from the market, Strategy’s bullish approach continues to underscore the cryptocurrency’s allure as a long-term store of value. Strategy Inc. Raises $10.7 Million for Bitcoin Purchase Michael Saylor, Executive Chairman of Strategy Inc., announced the company’s latest purchase of 130 BTC on March 23, 2025. This acquisition follows a pattern of steady Bitcoin accumulation. The recent purchase was funded by selling 123,000 shares of STRK, generating approximately $10.7 million in net proceeds. – Michael Saylor, Executive Chairman, Strategy The funding for these purchases comes from the sale of 123,000 shares of STRK, generating net proceeds of approximately $10.7 million. Strategy’s consistent purchases have led to mixed market reactions, with some analysts praising the firm’s bullish stance, while others caution against the risks of excessive concentration in Bitcoin. Bitcoin Market Dominance Amid Price Fluctuations Did you know?Michael Saylor’s Strategy Inc. has accumulated Bitcoin since August 2020, contributing significantly to its current market cap dominance of over 60%. Bitcoin’s current price stands at $85,251.67, with a market cap of nearly $1.69 trillion as per CoinMarketCap. The fully diluted market cap reaches approximately $1.79 trillion. Despite a recent 13.18% drop over 30 days, Bitcoin’s 24h trading volume remains over $11.31 billion. Circulating supply is 19,840,865 BTC, with a max…

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Filed under: News - @ March 23, 2025 5:03 pm