In one of the most notable institutional Bitcoin purchases this year, Strategy (formerly MicroStrategy) has acquired an additional 21,021 BTC between July 28 and August 3, spending approximately $2.46 billion at an average price of $117,256 per BTC.
This move reaffirms Strategy's aggressive long-term belief in Bitcoin as a core treasury asset and solidifies its position as one of the largest corporate BTC holders globally.
📊 Why This Matters for the Crypto Market
• Institutional investment in Bitcoin is not slowing down — this is a clear signal of long-term confidence.
• Buying BTC above $100K shows strong conviction, even at historically high levels.
• This could influence other corporations and funds to follow suit, creating upward pressure on price.