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Strategy Inches Closer To 500,000 Bitcoin With Fresh 20,356 BTC Purchase

  • Strategy has acquired an additional 20,356 BTC, bringing their total holdings to 499,096 BTC.
  • The purchase was made between February 18 and 23 and cost $1.99 billion at an average price of $97,514 per BTC.
  • Strategy recently raised $2 billion through a note offering and aims to raise a total of $42 billion to finance future BTC acquisitions.
  • Despite a decline in the total crypto market capitalization, companies like Strategy continue to invest in Bitcoin.

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