Strategy (Nasdaq: MSTR) shares surged over 6.5% on Monday after disclosing it acquired 4,871 Bitcoins for $329.9 million between 1st and 5th April. Strategy retained its position as the largest corporate Bitcoin holder with 766,970 tokens in its treasury.
Bitcoin prices have gained over 2% in the past week amid optimism surrounding a potential ceasefire in the US-Iran war, despite reports that Iran has rejected demands to open the critical Strait of Hormuz.
