Strategy Resumes Buying Bitcoin

Strategy, a New York-based hedge fund, has resumed buying bitcoin after a three-week break. The fund added $75 million worth of BTC to its portfolio last week. This marks a return to form for Strategy, which had been selling bitcoin for three weeks prior. The latest purchases bring Strategy's total bitcoin holdings to an undisclosed figure, but indicate a renewed commitment to the asset class. The fund's decision to resume buying bitcoin comes amid a period of relative stability in the cryptocurrency market, which has seen BTC's price fluctuate between $40,000 and $50,000 in recent weeks.