Strategy Amplifies Investment in Bitcoin Amidst Portfolio's Unrealized Loss of 2,486 BTC

Strategy, the world's largest corporate bitcoin holder, capitalized on the recent market downturn by adding to its BTC portfolio at less than $70,000 per unit. Co-founder Michael Saylor announced the purchase of 2,486 BTC for nearly $170 million, raising the company's total bitcoin holdings to 717,131 BTC, bought at an average price of $76,027. Despite the cryptocurrency market's decline, which has brought Strategy's holdings to a less than $49 billion value, the company remains committed to retaining its BTC investment, even as it faces an unprecedented unrealized loss exceeding $5 billion. The firm's stock price has experienced significant volatility, dropping from $140 to $120 before finding stability around $134.