Strategy Buys $962.7M in Bitcoin, Its Biggest Purchase Since July

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Citing Coinrise, Strategy revealed it purchased 10,624 Bitcoin (BTC) in early December for $962.7 million, marking its largest acquisition since July. The firm now holds 660,624 BTC, valued at around $60 billion. The purchase was funded through stock sales and is part of Strategy’s $84 billion Bitcoin acquisition plan through 2027. The company has also set aside a $1.44 billion cash reserve to cover obligations and avoid selling Bitcoin.

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