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Strategy, the company that has made Michael Saylor's bitcoin accumulation its central business model, purchased an additional 520 bitcoin ($BTC) for $35 million, pressing ahead with acquisitions even as shares of its STRC preferred stock fell.
The latest buy pushes the firm's total holdings past 4% of bitcoin's hard-capped supply of 21 million coins — a position the company values at around $55 billion.
A Treasury Bet That Keeps Compounding Strategy frames bitcoin as a reserve asset — a dollar-denominated store of value held on the balance sheet in place of conventional cash.
The company has repeated that framing through multiple market cycles, and the $55 billion figure attached to its total position shows how far the accumulation has run.
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