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Strategy Relentless Bitcoin Run Hits 12 Weeks: Is There an End?
The relentless bitcoin run has reached a remarkable milestone, with the company completing its twelfth consecutive weekly purchase since April. This streak not only sets a new record but also highlights Strategy’s unwavering commitment to accumulating this digital asset despite market fluctuations. The recent acquisition of 4,980 BTC for $531.9 million brings the total number of held coins to an impressive 597,325.
The company has demonstrated remarkable resilience in its pursuit of building a substantial Bitcoin position, demonstrating its steadfast dedication. Strategy’s current streak started in April and shows no signs of slowing down anytime soon. The firm’s aggressive accumulation strategy has allowed it to expand its holdings without liquidating other assets. This approach enables a more structured and sustained BTC acquisition plan.
Market analysts note that the Bitcoin price surge continues to drive strong investor interest in MSTR, which has surged over 181% in the past year.
Source: coincentral.com
