Strategy's $22 million purchase of 267 bitcoin signals continued corporate accumulation.
Context
What happened: Strategy, Michael Saylor's company, bought another 267 bitcoin for $22 million.
Key numbers: 267 bitcoin purchased for $22 million. Holdings equal around 4% of total bitcoin supply, with $5.9 billion in paper gains.
Why it matters: The purchase adds to a position that represents roughly 4% of all bitcoin supply, with $5.9 billion in unrealized gains reported.