Strategy Bitcoin Purchase Signals Market Confidence Amid Rally
Michael Saylor‘s company is buying Bitcoin again, and the timing says a lot about where the market’s head is right now. Strategy, the software firm turned corporate crypto vehicle, made its first Bitcoin purchase in roughly three weeks last week, snapping up 950 coins for nearly $76million. The move lands squarely inside a broader Strategy Bitcoin purchase pattern that has defined the company for years, but this one comes at a curious moment: a month that has historically been rough for the cryptocurrency, yet Bitcoin is climbing anyway. Key takeawaysStrategy bought 950 Bitcoin for nearly $76 million last week, lifting its total holdings to 846,000 Bitcoin, or about 4% of the total supply.Bitcoin surged more than 6% in 24 hours to nearly $86,000, pushing Strategy shares up almost 9% to $167.The company also spent $174 million repurchasing its preferred shares, known as STRC, cutting its future dividend obligations.Bitcoin had fallen as low as $58,000 in June, down 53% from its $125,000 peak last October, before this recovery began.Strategy sold Bitcoin four separate times over the past four months before returning to buying as the price rebounded. Strategy Resumes Bitcoin Buying Strategy‘s latest disclosure shows the world’s largest corporate Bitcoin holder is back on









