Publicly traded companies globally net purchased $123 million in Bitcoin last week, marking a 57.6% decrease from the previous week, according to SoSoValue data. Strategy, formerly known as MicroStrategy, led the acquisitions with a $75.3 million investment for 855 bitcoins at $87,974 each, bringing its total holdings to 713,502 bitcoins.
Japanese company Metaplanet did not purchase Bitcoin for the third consecutive week but announced a $135 million fundraising plan to increase its Bitcoin holdings. Meanwhile, Japanese food brand DayDayCook invested $17.63 million to acquire 200 bitcoins, and American Bitcoin added 416 bitcoins to its portfolio. Strive, a Bitcoin asset management firm, spent $30 million to buy 333.89 bitcoins.
Overall, global listed companies now hold 974,140 bitcoins, valued at approximately $76.01 billion, accounting for 4.9% of Bitcoin's total circulating market value.
Global Companies Net Buy $123M in Bitcoin, Strategy Leads with $75.3M Purchase
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