Strategy plans more Bitcoin purchases this year
Share
- Strategy plans to resume buying Bitcoin later this year.
- The company remains focused on expanding its Bitcoin holdings.
- Management said future purchases will depend on market conditions and available capital.
Strategy plans to resume buying Bitcoin (CRYPTO:BTC) later this year, according to executive chairman Michael Saylor.
The company has become one of the largest corporate holders of Bitcoin and has regularly increased its holdings.
Saylor said Strategy expects to continue accumulating Bitcoin as part of its long-term treasury strategy.
The company said future purchases will depend on market conditions, financing, and available capital.
Strategy has funded many of its Bitcoin purchases through debt and equity offerings.
The company has repeatedly expanded its Bitcoin holdings during periods of market volatility.
Strategy continues to treat Bitcoin as its primary treasury reserve asset and a core part of its corporate strategy.
