Michael Saylor’s Strategy buys another 520 BTC for $35 million, adds to USD reserve despite STRC slide
The Block·
60-second summary
Michael Saylor's Strategy is buying another 520 BTC for $35 million, adding to its USD reserve. This purchase brings its total holdings to over 4% of the 21 million bitcoin supply cap, valued at around $55 billion, solidifying its position as a significant player in the market, further boosting the overall demand and potentially driving up prices.
Strategy's total holdings account for more than 4% of the 21 million bitcoin supply cap — worth around $55 billion.