Strategy’s fresh 7,633 Bitcoin purchase came days after the firm rebranded from “MicroStrategy” last week.
Major corporate Bitcoin holder Strategy announced its first BTC acquisition after rebranding from “MicroStrategy” last week.
Strategy acquired 7,633 Bitcoin (BTC ) at the price of $97,255 per BTC between Feb. 3 and Feb. 9, 2025, according to a form 8-K filing released on Monday, Feb. 10.
The fresh Bitcoin purchase came days after the company officially rebranded to “Strategy” on Feb. 5, highlighting its focus on a Bitcoin corporate treasury strategy.
Read more,H1: Strategy Announces Major Bitcoin Acquisition Following Rebranding from MicroStrategy
H2: Key Points
**Market Movement**: Strategy acquired 7,633 Bitcoin at a cost of approximately $97,255 per BTC, marking a significant investment between February 3 and February 9, 2025. This purchase could indicate a bullish market sentiment and potential upward pressure on Bitcoin prices.
**Regulatory Updates**: As per the Form 8-K filing with the Securities and Exchange Commission (SEC), Strategy has complied with necessary regulatory frameworks to report this substantial transaction, ensuring transparency and adherence to legal standards.
**Industry Insights**: The rebranding from MicroStrategy to Strategy and the subsequent Bitcoin purchase underscore the company’s strategic pivot towards enhancing its Bitcoin corporate treasury. This move is reflective of a broader trend where corporations are increasingly adopting cryptocurrency as a part of their financial strategy.
**Investor Sentiment**: This strategic acquisition, closely following the company’s rebranding, has likely sparked positive investor sentiment. As a major corporate holder of Bitcoin, Strategy’s actions may influence other companies’ confidence in incorporating digital assets into their investment portfolios.
H2: Closing Thoughts
The recent activities by Strategy highlight a growing confidence among corporates in the stability and potential of Bitcoin as a viable financial asset. This move not only reinforces the legitimacy of cryptocurrencies in corporate finance but also sets a precedent for other companies contemplating similar investments. As the market reacts to this substantial purchase, it will be crucial to monitor the ongoing impact on Bitcoin’s valuation and its broader acceptance in institutional settings.
Hashtags: #Bitcoin #CryptoMarkets #Blockchain #CorporateFinance #DigitalAssets
Disclaimer: [Disclaimer](https://justinvestnews.com/index.php/category/disclamer) Source
