Strategy Inches Toward 600,000 BTC
The post Strategy Inches Toward 600,000 BTC appeared on BitcoinEthereumNews.com. Bitcoin Michael Saylor and Strategy (formerly MicroStrategy) are closing in on a landmark: 600,000 Bitcoin on the company’s books. With 597,325 BTC already secured—worth over $64 billion—Saylor has once again posted Strategy’s portfolio tracker, a subtle but familiar hint that another buy could be imminent. Just last week, Strategy added 4,980 BTC in its 12th straight weekly purchase, matching its longest accumulation streak to date. If the firm buys again this week, it will not only break that record but push its total Bitcoin holdings above the 600K mark—a threshold only BlackRock’s IBIT ETF has crossed so far. However, Saylor’s latest post included a cryptic message: “Some weeks you just need to HODL,” sparking speculation that the company may pause its buying spree. Skeptics point to an ongoing class-action lawsuit related to Bitcoin accounting practices, raising questions about whether Strategy will keep up the pace. Regardless, Strategy’s aggressive approach continues to influence the broader market. Over the past week, 18 firms added a combined 8,400 BTC to their treasuries, with Figma joining Saylor in leading the charge. As more companies embrace Bitcoin, the market inches closer to a breakout—with BTC currently trading just 3% below its all-time high of $111,970. With corporate adoption accelerating and Strategy on the edge of another milestone, all eyes are on whether Saylor makes the move that could ignite another rally. Author Alexander Zdravkov Reporter at Coindoo Alexander Zdravkov is passionate about questions of meaning. He is a fluent German speaker as well as He has been in the crypto space for more than three years and has an eye for spotting emerging trends in the world of digital currencies. Whether providing in-depth analysis or reporting on all topics on a daily basis, his deep understanding and enthusiasm for what he does makes him a…
The post Strategy Inches Toward 600,000 BTC appeared on BitcoinEthereumNews.com.
Bitcoin Michael Saylor and Strategy (formerly MicroStrategy) are closing in on a landmark: 600,000 Bitcoin on the company’s books. With 597,325 BTC already secured—worth over $64 billion—Saylor has once again posted Strategy’s portfolio tracker, a subtle but familiar hint that another buy could be imminent. Just last week, Strategy added 4,980 BTC in its 12th straight weekly purchase, matching its longest accumulation streak to date. If the firm buys again this week, it will not only break that record but push its total Bitcoin holdings above the 600K mark—a threshold only BlackRock’s IBIT ETF has crossed so far. However, Saylor’s latest post included a cryptic message: “Some weeks you just need to HODL,” sparking speculation that the company may pause its buying spree. Skeptics point to an ongoing class-action lawsuit related to Bitcoin accounting practices, raising questions about whether Strategy will keep up the pace. Regardless, Strategy’s aggressive approach continues to influence the broader market. Over the past week, 18 firms added a combined 8,400 BTC to their treasuries, with Figma joining Saylor in leading the charge. As more companies embrace Bitcoin, the market inches closer to a breakout—with BTC currently trading just 3% below its all-time high of $111,970. With corporate adoption accelerating and Strategy on the edge of another milestone, all eyes are on whether Saylor makes the move that could ignite another rally. Author Alexander Zdravkov Reporter at Coindoo Alexander Zdravkov is passionate about questions of meaning. He is a fluent German speaker as well as He has been in the crypto space for more than three years and has an eye for spotting emerging trends in the world of digital currencies. Whether providing in-depth analysis or reporting on all topics on a daily basis, his deep understanding and enthusiasm for what he does makes him a…
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