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Strategy Continues Bitcoin Accumulation for Eighth Straight Week
Michael Saylor, the co-founder of Strategy, has once again drawn attention in the cryptocurrency market by sharing a new Bitcoin chart on the X social platform—signaling yet another potential purchase by his company. According to Saylor, Strategy has now acquired Bitcoin for the eighth consecutive week. The company's most recent large-scale purchase took place on May 26, when it added 4,020 BTC—worth approximately $427 million—to its corporate treasury. This acquisition has increased Strategy's holdings to a total of 580,250 BTC.
Strategy Now the World’s Largest Public Bitcoin Holder
Data from Bitcoin Treasuries reveals that Strategy has become the largest known Bitcoin holder worldwide, surpassing even the combined reserves held by the governments of the United States and China. This aggressive and consistent buying activity is fueling discussions across the blockchain community.
Supply Shock Predictions and Ongoing Transparency Concerns
Some analysts, including those at CryptoQuant, warn that continued purchases by Strategy could lead to a significant Bitcoin supply shock—potentially driving up BTC prices. However, not everyone is convinced. Community members have raised concerns about the transparency of these reserves, noting the absence of an official audit or verifiable proof-of-reserves.
In response, Michael Saylor commented that external audits could pose risks for large organizations and attract unwanted scrutiny—highlighting the ongoing debate around accountability and security in the digital asset sector.
Source: cointelegraph

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