Strategy's Big Bet: Can Corporate Bitcoin Lead a Rally? As investors, analysts, and traders try to make sense of the latest surge in Bitcoin's price, one major player stands out: Michael Saylor's Strategy.
The company has been on a buying spree, snapping up 950 Bitcoins worth nearly $76 million over the past week alone.
This significant purchase comes after a 6% price increase in Bitcoin over the past 24 hours, pushing its value above $85,000.