Strategy, formerly known as MicroStrategy, has resumed its Bitcoin acquisition, purchasing $742.4 million worth of BTC, as announced by Michael Saylor. This purchase signals a return to their strategy of becoming one of the world's largest Bitcoin holders.
The purchase size is slightly smaller than recent acquisitions but follows their pattern of steady weekly purchases despite market fluctuations and rumors of halting acquisitions due to tax implications.
BlackRock, an ETF issuer, has increased its stake in Strategy, showcasing confidence in Strategy's mission and Bitcoin. Despite flat Bitcoin prices, Strategy plans to continue significant investments in BTC.