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Strategy Bolsters Bitcoin Treasury Amid Geopolitical Tension, Crypto Volatility

Strategy, the Virginia-based software firm transformed into a Bitcoin treasury, added $1.08 billion worth of Bitcoin last week, marking its largest purchase in over a month.

Strategy acquired 10,100 BTC during a specific purchase window at approximately an average price of $104,080 per token.
Following this acquisition, the company’s total Bitcoin holdings reached 592,100 tokens, valued at over $64 billion based on current market prices.

This tenth consecutive week of Bitcoin purchases underscores the company’s continued accumulation strategy despite concurrent geopolitical instability and resulting market turbulence.

The substantial Bitcoin purchase occurred as tensions between Iran and Israel escalated. This event triggered a significant downturn in global crypto markets, with Bitcoin falling nearly 5% and wiping out over $420 billion in total crypto market capitalization. The volatility resulted in $1.2 billion in leveraged liquidations and pressure on related assets.

While geopolitical events negatively impacted risk assets, Strategy proceeded with its buy, later adding $250 million worth of STRD shares on the NASDAQ. These shares are tied to Bitcoin reserves, serving to finance its treasury expansion.

Market observers note the increasing trend of institutional adoption. A total of 235 public and private companies, government bodies, and other entities hold Bitcoin as a treasury reserve asset, according to Bitcointreasuries.net. This number represents a 13% increase over the preceding month, positioning Strategy within this growing market segment.

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