<ul data-eligibleForWebStory="false"><li>Strategy, the largest corporate holder of Bitcoin, recently halted its weekly BTC purchases after acquiring a total of 597,325 BTC valued at over $64 billion.</li><li>The company reported an unrealized profit of $14.05 billion on its Bitcoin holdings during Q2, with a deferred tax expense of approximately $4.04 billion.</li><li>Strategy announced a capital raise of up to $4.2 billion through the issuance of preferred stock, aiming to further increase their Bitcoin holdings.</li><li>Other companies, such as Metaplanet and Semler Scientific, are following Strategy's lead and investing in Bitcoin for their treasuries.</li></ul>

Strategy Announces $4.2 Billion Capital Raise After Halting Bitcoin Buys For The First Time In 3 Months

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