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Bitcoin Accumulation Resumes by Largest Corporate Holder
The world's largest corporate holder of Bitcoin resumed accumulation by purchasing 810 BTC for $65.5 million, increasing its total holdings to 849,327 BTC. The company raised $164 million by selling 1.18 million MSTR shares, with approximately $100 million allocated to its USD reserve, now totaling about $4.8 billion. The CFO announced his departure on November 5, despite the company reporting a Q3 net income of $19.5 billion and engaging in significant share repurchases.