Strategy, already the world's largest corporate holder of bitcoin (BTC), is on track to accumulate 89,618 BTC this quarter, second only to Q4 2024. Despite the BTC price dropping 20%, Strategy continues its aggressive treasury expansion.
The company's total holdings stand at 761,068 BTC. Recent purchases have been partly funded by sales of perpetual preferred offering Stretch (STRC).
Market fears, driven by rising oil prices and geopolitical tensions, have increased the likelihood of a U.S. rate hike and weakened traditional safe-haven assets.