Strategy, the bitcoin treasury company led by Executive Chairman Michael Saylor, purchased $168.4 million in bitcoin last week, continuing its long-running accumulation strategy despite ongoing volatility in the crypto market.

The company disclosed that it acquired 2,486 BTC over the past week, expanding its already sizable holdings. The company’s total bitcoin reserves now stand at 717,131 BTC, making it one of the largest corporate holders of bitcoin globally.

According to the company, the full position has been accumulated for $54.52 billion, representing an average purchase price of $76,027 per bitcoin. 

With bitcoin currently trading around $68,000, Strategy’s…

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