EddieJayonCrypto

 11 Feb 25

tl;dr

Business intelligence firm Strategy (formerly known as MicroStrategy) purchased an additional 7,633 Bitcoins (BTC) last week for roughly $742 million, with an average purchasing price of $97,255. This follows a 12-week streak of consecutive purchases ending in early February. The company also underw...

Business intelligence firm Strategy (formerly known as MicroStrategy) purchased an additional 7,633 Bitcoins (BTC) last week for roughly $742 million, with an average purchasing price of $97,255. This follows a 12-week streak of consecutive purchases ending in early February. The company also underwent a major rebranding, featuring a new logo with a prominent stylized "B" letter, to showcase its focus on its Bitcoin strategy.

Strategy now owns a total of 478,740 BTC, making it the largest corporate Bitcoin holder. Last week, the company's average purchasing price was $97,255. MicroStrategy ended its 12-week streak of consecutive Bitcoin purchases in early February ahead of its earnings report.

Last week, the company went through a major rebranding by changing its name and unveiling a new logo that now prominently features a stylized "B" letter. The move was meant to showcase the company's focus on its Bitcoin strategy. The largest corporate Bitcoin holder now owns a total of 478,740 BTC following the most recent purchase.

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