Crypto
Strategy Buys 4,603 Bitcoin for $370M, Boosts Holdings Amid Strong Market Predictions
Strategy, led by Michael Saylor, has made another significant investment in Bitcoin. Between August 24 and 30, the company purchased 4,603 BTC for approximately $370 million, bringing its total holdings to 845,050 BTC. This acquisition was part of a larger financial move, as Strategy also repurchased $152 million worth of its STRC shares.
The company's net leverage remains at 0.0%, indicating that it maintains a strong financial position. Market predictions suggest an 84% chance of STRC reaching $100 by December 31, 2026, reflecting optimism about the company's strategy.