Strategy Expands Bitcoin Holdings to 846,842 BTC, Up from 130,000 in October 2022

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According to Bitcoin.com News, on June 20, Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor reflected on the company's bitcoin strategy, noting that MSTR has expanded its holdings to 846,842 BTC from 130,000 BTC since October 2022. Saylor stated that the company raised over $60 billion in additional capital and deployed funds into bitcoin acquisitions. Since the 2022 crypto downturn, Strategy's bitcoin and U.S. dollar reserves have shifted from a $300 million debt deficit to a $48 billion surplus over liabilities.
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