Breaking: Strategy Buys $1.3 Billion Worth of Bitcoin
05/12/2025 19:00
Strategy now owns nearly 569,000 coins
Strategy now owns nearly 569,000 coins
Business intelligence firm Strategy has purchased an additional $1.34 billion worth of Bitcoin, according to a Monday announcement.
The most recent purchase brings the total number of coins held by the company to nearly 569,000.
As usual, co-founder Michael Saylor strongly hinted that he was going to announce another major purchase on Friday.
Meanwhile, the price of Bitcoin has slipped below $104,000 despite a breakthrough in the trade negotiations between the US and China.
According to Bitwise, a total of 80 publicly traded companies now hold Bitcoin on their balance sheet.