Strategy Acquires Additional Bitcoin Amid Market Downturn

Strategy, led by Michael Saylor, has acquired nearly 3,000 BTC for $264.1 million, paying an average of $90,061 per Bitcoin. According to NS3.AI, this purchase comes during a period of decline in the cryptocurrency market. The company now holds over 712,000 BTC, with an average cost basis of $76,037 per Bitcoin. Saylor maintains a positive outlook on Bitcoin's future, highlighting reduced supply from miners and increased institutional adoption as significant factors for potential price growth.