Strategy Discloses $42 Billion Fundraising Plan To Hit 1 Million Bitcoin Target By End Of 2026
Strategy, formerly known as MicroStrategy and led by Michael Saylor, disclosed a new Bitcoin (BTC) acquisition on Monday while simultaneously unveiling an ambitious capital-raising program designed...

Source: NewsBTC
Strategy, formerly known as MicroStrategy and led by Michael Saylor, disclosed a new Bitcoin (BTC) acquisition on Monday while simultaneously unveiling an ambitious capital-raising program designed to push its holdings toward a 1 million‑coin milestone by the end of 2026. Strategy Reports Weekly Buy Amid Consolidation In its routine Monday filing with the US Securities and Exchange Commission (SEC), Strategy reported spending $76.5 million to add 1,031 BTC to its treasury. The purchase came as Bitcoin traded back within the consolidation band it has occupied for roughly two months, between about $60,000 and $72,000, after a failed attempt to break through and consolidate key resistance at $76,000 last week. The move continues the public company’s weekly pattern of disclosing its purchases. Over the past few years, it has become the largest corporate holder of digital assets after beginning to rapidly acquire Bitcoin in 2021. Related Reading: Ethereum Bottom Signal? Analyst Maps O