Strategy Drives $953 Million Net Bitcoin Purchase by Listed Companies Last Week
Main Idea
Publicly traded companies significantly increased their Bitcoin holdings last week, with a net purchase of $953 million, largely driven by Strategy.
Key Points
1. Publicly traded firms acquired a net total of $953 million in Bitcoin last week.
2. Strategy was the primary driver, accounting for over $700 million of the purchases.
3. This trend highlights a growing interest in diversified portfolios among companies.
Description
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