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COINOTAG reported on April 21st that Michael Saylor, founder of Strategy (previously recognized as MicroStrategy), made a significant announcement on the X platform. The company has successfully acquired an impressive total of approximately $555.8 million in Bitcoin, purchasing 6,556 BTC at an average price of roughly $84,785 per Bitcoin. This strategic investment marks a pivotal moment for Strategy as they navigate the evolving cryptocurrency landscape.
As of April 20, 2025, the company’s holdings now encompass a staggering 538,200 BTC, reflecting not only Saylor’s confidence in Bitcoin but also the firm’s commitment to digital assets. Notably, a remarkable yield of 12.1% has been reported on their Bitcoin investments, further establishing Strategy as a formidable player in the crypto sector. This acquisition highlights the increasing institutional interest in Bitcoin and underscores the potential for substantial returns in the cryptocurrency market.
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