Michael Saylor’s Strategy continues its aggressive Bitcoin accumulation strategy, announcing the purchase of 1,955 BTC for $217.4 million at an average Bitcoin price of $111,196 per coin. The latest acquisition brings the company’s total Bitcoin holdings to 638,460 BTC, maintaining its position as the largest corporate holder of Bitcoin globally.

The purchase comes amid a period of market stability, with Bitcoin trading between $110,500 and $112,200, and follows Strategy’s recent exclusion from the S&P 500 index in favour of Robinhood (HOOD). Despite this setback and recent shareholder criticism, Executive Chairman Michael Saylor remains committed to the company’s…

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