Strategy Expands Bitcoin Holdings, Nexo Reenters U.S. Market
Strategy, formerly MicroStrategy, has bolstered its Bitcoin reserves. Teh company invested over $1.42 billion in 15,355 BTC, averaging $92,737 per coin.This brings its total holdings to 553,555 BTC, or 2.5% of the total supply. CEO michael Saylor remains confident in bitcoinâs potential, despite its price fluctuations. He believes more firms will join the âdigital gold rush,â with 70 public companies already participating. Analysts predict Strategyâs holdings could reach 691,249 BTC by 2025.
During a recent earnings call,Saylor downplayed Bitcoinâs volatility. He expects more firms to follow suit. Strategy aims for 691,249 BTC by 2025.
