Strategy's $835M Bitcoin Buy, Despite Stock Drop
Update: 2025-11-17
Description
Strategy, a prominent company, made its largest Bitcoin purchase in over four months, spending $835 million on the digital currency. This acquisition, valued at around $61 billion, brings their total Bitcoin holdings to nearly 650,000. The company funded this purchase with a new type of share denominated in euros and traded in Luxembourg, raising approximately $700 million. They also sold $136 million worth of preferred shares. Despite a 31% drop in their stock price over the last month, Strategys co-founder confirmed they were accelerating their Bitcoin buying, purchasing Bitcoin every day that week. Some analysts believe concerns about a debt-fueled crisis are overblown, as none of their bonds mature until 2028.
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