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Strategy’s Bitcoin stash still up over $7B despite market downturn

Coin Telegraph LogoCoin Telegraph12h ago

Strategy’s Bitcoin stash still up over $7B despite market downturn - Coin Telegraph

Quick Summary:

Instead of buying at a lump sum, the company divided its BTC purchases at different times and continued to buy the tokens despite the prices. Not all companies investing in BTC are upWhile Strategy’s Bitcoin holdings remain in the green, other companies that recently entered the Bitcoin market are seeing losses.

It’s down by over $2 million, nearly 1%, on its Bitcoin investments. According to blockchain analytics firm Lookonchain, Strategy has spent $23 billion on Bitcoin purchases since November 2024.

This means that its BTC purchased with over $280 million is now only worth around $262 million. Related: Michael Saylor pushes US gov’t to purchase up to 25% of Bitcoin supplyMetaplanet, dubbed “Asia’s Strategy,” is slightly down on its Bitcoin holdings.

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Article Details

Author / Journalist: Cointelegraph by Ezra Reguerra

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-10 @ 11:44:49 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 419 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 26829290

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 651 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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