Strategy's latest acquisition of 4,225 Bitcoins increases its total holdings to 601,550 BTC, valued at approximately $71.6 billion, reflecting a bullish institutional outlook on Bitcoin.
Strategy has increased its Bitcoin holdings to 601,550 BTC, valued at around $71.6 billion, after a recent purchase of 4,225 Bitcoins for $472.5 million. TD Cowen has raised its price target for Strategy, forecasting Bitcoin could reach $155,000 by December. The company aims to raise $84 billion for further acquisitions, potentially holding up to 900,000 BTC by 2027.