Strategy (former microstrategy), a business intelligence giant, recently made a significant purchase of 20,356 Bitcoin (BTC). This resulted in an investment of approximately $ 1.99 billion.

The decision to continue buying Bitcoin despite market volatility highlights Saylor’s confidence in cryptocurrency as a safe asset.

Strategy continues to consolidate himself as an institutional whale of Bitcoin

This movement, Announced a few minutes agoIt represents a total investment of approximately $ 1.99 billion, with an average price of $ 97,514 per Bitcoin unit. With this increase, Strategy consolidates itself as Bitcoin’s largest corporate holder, adding a total of 499,096 BTC to its portfolio.

Since 2020, Strategy has implemented a continuous accumulation strategy using its cash reserves to purchase more BTC. This practice has become one of the most expressive bets of a company in the future of cryptocurrencies.

In early February, Microstrategy took another step in its commitment to Bitcoin to Rebranding to Strategy. The company adopted a new logo, with a stylized “B”, highlighting its focus on cryptocurrency.

The decision to incorporate a symbol so closely related to cryptocurrency reflects Bitcoin’s growing institutional adoption and shows how Strategy seeks to position itself as a leader in the integration of blockchain technology in the corporate world.

Impact on the market and future perspectives

Strategy’s continuous accumulation of bitcoin has a considerable impact on the market. Being one of the largest companies betting on BTC, Michael Saylor’s firm influences not only prices, but also the behavior of other institutional players.

Each Bitcoin purchase by Strategy is seen as a validation of cryptocurrency, contributing to its legitimacy in traditional financial circles.

Strategy’s decision to continue buying in such a volatile market can encourage other companies to do the same.

As the institutional interest in Bitcoin grows, it is likely to increase cryptocurrency adoption as a value reserve. This may have lasting effects on Bitcoin’s price and stability in the coming years.

Michael Saylor recently proposed to the US to buy 20% of Bitcoin’s circulating supply to strengthen the economy and reduce national debt.

… The dollar would be strengthened, the nation would become richer, and the real promise is that if the US has 4-6 million BTC, it will pay the national debt (…) you would not want the Saudi to buy first, or the Russians , or the Chinese or the Europeans, emphasized Saylor.

On the other hand, the fact that Strategy maintains its accumulation strategy can be a key factor for BTC prices, especially if other companies follow their example. At the same time, the revelation contrasts with the seven -day break in Bitcoin purchases by the Salvadoran government.