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Bitcoin Whale Alert: Strategy’s 499K BTC Hoard – Paper Losses Mount

Bitcoin Whale Alert: Strategy’s 499K BTC Hoard – Paper Losses Mount
Strategy, formerly known as MicroStrategy, currently holds 499,096 BTC valued at approximately $40.9 billion. Despite facing a paper loss on its most recent acquisitions, the company has been aggressively expanding its Bitcoin holdings since November 2024. The average purchase price of its reserve is $66,357 per Bitcoin. Strategy recently completed a $2 billion convertible notes offering, allowing it to add to its holdings and strengthen its financial position. As of February 23, 2025, Strategy remains one of the largest corporate holders of Bitcoin.

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