Haciyev Reşit 
Strategy has drawn attention with its latest move, purchasing 220 Bitcoin (BTC) for approximately $27.2 million. The company’s average purchase price was reported to be around $123,561 per Bitcoin.
Institutional Confidence in Bitcoin Persists
Despite the recent high volatility in the crypto market, major investment funds and institutional players continue to accumulate Bitcoin. Strategy’s latest acquisition highlights that Bitcoin still plays a crucial role in long-term institutional strategies.
With this purchase, the company’s total Bitcoin holdings have reached nearly 640,250 BTC. Investors view this move as a “long-term vote of confidence” following the recent price corrections in the market.
Purchased at an Average of $123,561
According to the company’s statement, the Bitcoin purchases were made between October 10 and 12, at an average cost of $123,561 per BTC, amounting to a total investment of $27.2 million. This move coincided with Bitcoin’s recovery period following sharp weekend fluctuations. Analysts describe the purchase as a “buy-the-dip strategy” in action.
Bitcoin Price Begins to Recover
Affected by the U.S.–China trade tensions and global market volatility, Bitcoin briefly dropped below $105,000 last week. However, in the past 48 hours, it has rebounded to around $114,000.
Market experts note that continued institutional inflows could support price stability in the medium term. ETF inflows and corporate acquisitions are seen as strengthening signals of a market bottom reversal.
Institutional Demand Is Rising
Strategy’s purchase is the latest example of reviving institutional interest in Bitcoin. In recent weeks, companies such as MicroStrategy, BlackRock, and ARK Invest have also expanded their Bitcoin portfolios. Experts suggest that such acquisitions not only help stabilize prices but also reinforce Bitcoin’s reputation as “digital gold.”
Ultimately, Strategy’s Bitcoin purchase once again demonstrates that institutional investors maintain confidence in Bitcoin’s long-term potential, despite short-term volatility. Continued buying activity of this kind could boost market confidence and potentially drive Bitcoin’s price higher in the midterm.
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