Strategy, the company once called MicroStrategy and still the largest corporate holder of Bitcoin, just resumed buying after 10 weeks on the sidelines. It bought 4,603 Bitcoin for about $370 million this week, bringing total holdings to 845,050 Bitcoin at an average cost near $75,412 per coin.
And this is the part that matters now: unlike ETF churn or coins simply moving on-chain, this is fresh spot demand created by a public company using its capital markets program to buy Bitcoin for its own balance sheet. One of Bitcoin’s biggest corporate buyers is active again. The next sign to watch is whether that demand broadens beyond Strategy, with other corporate treasury buyers stepping back in, or whether this remains a one-company bid.