Strategy Holds $65 Billion in Bitcoin with 843,738 BTC

AI Summary

Strategy, a software firm that has transitioned to a Bitcoin treasury model, holds 843,738 BTC, approximately 4% of the total Bitcoin supply, valued at nearly $65 billion at a price above $76,500. The firm has made significant Bitcoin purchases over the years, with their largest being 55,500 BTC for $5.4 billion in November 2024. Following announcements of such purchases, Bitcoin has experienced price fluctuations, including a decline of about $4,000 after the largest purchase announcement. Strategy's co-founder, Michael Saylor, has committed to continuous buying, raising the average entry price to over $75,700 per Bitcoin.