Strategy announced a $21 billion share offering to raise capital for more Bitcoin purchases. The company, led by Michael Saylor, is sitting on a $4 billion paper loss from its previous BTC buys but remains committed to its Bitcoin-centric strategy.
This move highlights the ongoing institutional interest in Bitcoin despite recent price volatility. Strategys continued accumulation could help support BTC prices. 🏢💼
https://www.investing.com/news/cryptocurrency-news/bitcoin-price-today-pinned-near-80k-amid-recession-tariff-risks-3919530