Strategy Expands Bitcoin Holdings and Creates $1.44B Reserve

The post Strategy Expands Bitcoin Holdings and Creates $1.44B Reserve appeared first on Coinpedia Fintech News

Strategy purchased 130 BTC for about $11.7 million at an average price near $89,960 per Bitcoin, raising its total holdings to 650,000 BTC. The average acquisition cost stands around $74,436 per coin, with a total investment of approximately $48.38 billion. Alongside this, the company set up a $1.44 billion USD reserve funded through stock sales to cover preferred dividends and interest payments, helping manage financial volatility effectively.