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Strategy Buys 24K Bitcoin, Standard Chartered Sees $4T Tokenized Assets
Description
Strategy, the company led by Michael Saylor, has significantly boosted its Bitcoin holdings, purchasing an additional 24,869 coins, bringing their total to over 843,000. This substantial investment, costing around $2 billion, was primarily funded by selling preferred stock and supplemented with $83 million in common stock. Meanwhile, Standard Chartered predicts that tokenized assets on blockchains could reach $4 trillion by 2028, potentially revolutionizing decentralized finance.
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