The Bitcoin treasury firm, co-founded by Michael Saylor, reported its Bitcoin holdings surged to a record above $77 billion as the cryptocurrency’s price rebounded to $120,000 after weeks of volatility.
Strategy Inc., the Bitcoin treasury company co-founded by Michael Saylor, announced that its Bitcoin holdings have surpassed $77 billion as Bitcoin’s price climbed back to $120,000 following a period of price swings. This new milestone reflects the company’s strengthened position as one of the largest corporate holders of Bitcoin. The news comes after Strategy Inc. recently benefited from exiting the US corporate alternative minimum tax, which had already driven a rise in its share price.