US tech company Strategy continues to increase its strategic allocation to Bitcoin, recently completing another large-scale purchase. According to company founder and chairman Michael Saylor, the company purchased 17,994 Bitcoins between March 2nd and March 8th, for a total expenditure of approximately $1.28 billion, with an average purchase price of approximately $70,946 per Bitcoin.
Following this increase, Strategy's total Bitcoin holdings climbed to 738,731 BTC, firmly ranking among the top institutional investors globally in terms of Bitcoin holdings. To date, the company has invested approximately $56.04 billion in Bitcoin acquisitions since its inception, with an overall average holding cost of approximately $75,862 per Bitcoin.
For a long time, Strategy has regarded Bitcoin as a strategic reserve asset on its corporate balance sheet, and its continuous, large-scale buying behavior has become an important benchmark for institutional-level capital embracing crypto assets. Market observers point out that this type of systematic purchase not only enhances other institutions' confidence in the long-term value of cryptocurrencies, but also sends a stable demand signal to the market.
As the recognition of Bitcoin as digital gold gradually deepens, Strategy's holding strategy is continuously influencing the asset allocation direction of global institutional investors.