The encryption mining company Strategy has once again increased its investment in Bitcoin, recently spending over $50 million to acquire about 1,200 coins. The company's CFO stated that this move anchors Bitcoin's "digital gold" attribute, aiming to optimize asset allocation to hedge against fiat fluctuation risks. As one of the top three publicly listed companies in the US by coin holding, its continuous increase in holdings conveys traditional enterprises' confidence in crypto assets and also boosts discussions in the market about Bitcoin's hedging functionality.
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The encryption mining company Strategy has once again increased its investment in Bitcoin, recently spending over $50 million to acquire about 1,200 coins. The company's CFO stated that this move anchors Bitcoin's "digital gold" attribute, aiming to optimize asset allocation to hedge against fiat fluctuation risks. As one of the top three publicly listed companies in the US by coin holding, its continuous increase in holdings conveys traditional enterprises' confidence in crypto assets and also boosts discussions in the market about Bitcoin's hedging functionality.