Strategy edges closer to 600K BTC as major players intensify Bitcoin buys

Institutional Bitcoin accumulation shows no signs of slowing as Strategy and Metaplanet purchased close to 6,000 BTC last week, continuing their aggressive acquisition strategies. According to their separate announcements on June 30, the two companies acquired 5,985 BTC, investing approximately $640 million in the process. Strategy moves closer to 600K BTC Strategy, the largest corporate…

Strategy seeks to raise $2.1 billion from STRF stock offering to bolster its Bitcoin holdings

Strategy (formerly MicroStrategy) has unveiled plans to raise $2.1 billion via sales of its Series A Perpetual Strife Preferred Stock (STRF). According to the May 22 statement, the stock will be issued under an at-the-market (ATM) program. This structure allows Strategy to sell shares gradually, based on favorable market conditions like trading volume and price….