The purchase will mark week 12 of consecutive buys by Strategy, which continues accumulating BTC despite a sharp decline in the company's stock price.
Michael Saylor, the co-founder of Bitcoin (BTC) treasury company Strategy, indicated that the firm is buying more BTC amid the ongoing market dip, marking the 12th week of consecutive purchases.
Saylor posted the Strategy BTC accumulation chart on X on Sunday. The chart has become synonymous with the company's BTC purchases, as it touts its upcoming 99th BTC transaction.
Strategy’s most recent BTC purchase occurred on Feb. 9, when the company bought 1,142 BTC for more than $90 million, bringing its total holdings to 714,644 BTC, valued at about $49.3 billion at market prices as of publication.
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