Corporate asset management firm Strategy has acquired 4,980 Bitcoin (BTC) at an average purchase price of $106,801 per coin.
The transaction totals approximately $531.9 million, increasing Strategy’s Bitcoin holdings to 597,325 BTC.
With these holdings now exceeding 2.8% of Bitcoin’s circulating supply, analysts suggest such large-scale institutional accumulation could contribute to tightening market liquidity and influencing price discovery mechanisms.
Strategy Executive Chairman Michael Saylor has publicly reinforced his bullish long-term outlook on Bitcoin’s value proposition as a store of asset. His perspectives continue to impact market sentiment regarding cryptocurrency adoption.
The growing trend of institutional Bitcoin adoption reflects broader movement toward cryptocurrency integration in traditional finance, including potential inclusion consideration in major indices.