Strategy acquires 390 Bitcoin valued at $43M

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Key Takeaways

  • Strategy acquired 390 Bitcoin valued at approximately $43 million, furthering its aggressive cryptocurrency accumulation strategy.
  • The firm views Bitcoin as a long-term hedge against economic instability, according to executive chairman Michael Saylor.

Strategy acquired 390 Bitcoin valued at approximately $43 million last week, continuing the business intelligence firm’s aggressive cryptocurrency accumulation strategy under executive chairman Michael Saylor.

The purchase aligns with Saylor’s philosophy of treating Bitcoin as a long-term hedge against economic uncertainty. Strategy has positioned itself as a Bitcoin-centric entity through ongoing cryptocurrency acquisitions regardless of market conditions.

Saylor’s approach emphasizes Bitcoin as a tool for corporate leverage, using debt and media to enhance its role in balance sheets amid broader institutional interest. The executive chairman advocates for relentless Bitcoin accumulation as a corporate treasury approach.

Strategy treats Bitcoin as inventory for sustained value growth, part of what Saylor promotes as an essential corporate asset strategy that influences other companies’ cryptocurrency adoption decisions.

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IronHeadMinervip
· 10-27 22:39
Saylor just bought it and that's it.
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MidnightSellervip
· 10-27 15:43
Is it really worth issuing news with only this amount of coin?
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OldLeekMastervip
· 10-27 13:53
Where can this money be earned back?
View OriginalReply0
GasFeeCryingvip
· 10-27 13:50
buy the dip so actively, waiting for disillusionment
View OriginalReply0
UnluckyValidatorvip
· 10-27 13:46
Celer really is buying dad...
View OriginalReply0
CryingOldWalletvip
· 10-27 13:28
Wow, going at it so hard.
View OriginalReply0
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