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Strategy Boosts BTCUSD Holdings Despite $17B Q4 Paper Loss, Signals Strong Buy for Bitcoin

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Strategy increased its Bitcoin holdings by purchasing 1,283 BTC for $116 million despite a $17.4 billion Q4 paper loss due to Bitcoin’s price decline.
  • The company also boosted its cash reserves to support financial obligations, signaling confidence in Bitcoin's long-term value.
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BTCUSD price history

76828.03 +14.68% over the displayed period

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