Strategy, a supporter of Bitcoin, announced the purchase of 155 Bitcoins between August 4 and August 10, 2025, totaling approximately $18 million.
Details of Bitcoin Purchase
Strategy acquired 155 Bitcoins at an average price of $116,401 each. These purchases underscore the company's ongoing interest in the cryptocurrency despite current price volatility.
Company's Cryptocurrency Strategy
Since 2020, Strategy has recognized Bitcoin as its primary reserve asset, making it one of the largest institutional BTC investors. CEO Michael Saylor has previously described Bitcoin as 'digital gold,' highlighting the company's approach to accumulating this cryptocurrency.
Market Impact and Analyst Opinions
Cryptocurrency market analysts believe that Strategy's move may rekindle interest in Bitcoin among institutional investors. This decision comes amid fluctuations in BTC prices due to the US Federal Reserve's interest rate policy and global economic developments.
The acquisition of Bitcoins by Strategy further demonstrates the organization's resilient stance in the market. The complete information regarding Bitcoin reserves and their average cost is expected to be revealed in the company's next financial statement.
