MicroStrategy Resumes Bitcoin Purchases, Boosting Holdings to Over 600,000
Originally Published 6 months ago — by Cointelegraph
Strategy co-founder Michael Saylor announced the company will resume Bitcoin purchases after a one-week pause, continuing its aggressive accumulation of BTC, which now totals over 597,000 coins valued at more than $70.9 billion. The company has been a major player in the institutional Bitcoin market, with its buying activity potentially impacting supply and prices, amid warnings of unsustainable debt-fueled buying and systemic risks.