Strategy, an investment firm led by Michael Saylor, recently made large-scale additional purchases of Bitcoin despite the price plunge.
Strategy announced that it purchased 1,142 Bitcoins last week at an average price of $78,815 per coin. The total purchase amount is approximately $90 million (approximately 90 billion won). Considering that Bitcoin's price fell to around $60,000 during the same period, this purchase decision appears to be unrelated to short-term price movements.
This purchase brings Strategy's total Bitcoin holdings to 714,644 BTC, worth approximately $54.3 billion at the current market price. The average purchase price was calculated at $76,056 per unit.
This purchase is particularly noteworthy because it exceeded the company's average purchase price. Strategy previously continued to purchase Bitcoin despite losses, even when the price plummeted below $30,000 in 2022.
While some markets have speculated that the strategy may adjust its buying pace during price corrections, the company maintains its strategy of holding Bitcoin as a long-term core asset, regardless of short-term market volatility.
