MicroStrategy’s Largest Bitcoin Purchase in a Year Shakes Stock Market Confidence

Strategy (formerly MicroStrategy) made its most substantial Bitcoin purchase since November 2024, just a day before Bitcoin’s price dropped below the $90,000 threshold. Despite the company’s consistent commitment to its aggressive accumulation playbook, Strategy's shares dropped by over 7%. Strategy’s Biggest Bitcoin Buy Since 2024 On Tuesday, Strategy announced the acquisition of 22,305 Bitcoin for approximately $2.13 billion, bringing its total Bitcoin holdings to 709,715. The transaction, which was ca ...