Saylor’s Strategy Resumes Bitcoin Splurge at Highest Price Ever

Strategy Inc., the Bitcoin treasury company founded by Michael Saylor, bought the digital currency for the first time since it reached a record high earlier this month, raising its holdings to over $73 billion after months of tapering off its purchases.

The firm, formerly known as MicroStrategy Inc. has long been considered a bellwether for crypto sentiment, as it grew to become the largest corporate holder of Bitcoin. But as skepticism over the crypto treasury model rose, Strategy’s stock price has lagged behind Bitcoin as it rallied to a record price of $126,000 this month.