Strategy adds 3,015 BTC to its treasury. With this $204 million purchase, Saylor's company now exceeds a total of 720,000 bitcoins.

What’s notable is that they bought at an average of $67,700, a price below their overall cost basis of $75,985. This demonstrates aggressive execution to average down while the market remains sideways.
It’s a full conviction bet, but excessive institutional concentration is a double-edged sword. While it provides support, any change in their debt policy could trigger unprecedented selling pressure.