Strategy buys 34,164 BTC for $2.54B — its third-largest purchase ever

While oil traders price war and Hormuz shutdowns, Strategy just bought 34,164 bitcoin for $2.54 billion — its third-largest acquisition on record, funded by preferred-stock sales. Nearly $1 billion flowed into US spot Bitcoin ETFs in the same week. Bitcoin sits at $76,000 with an April options expiry positioning for a squeeze. The institutions aren’t spooked by geopolitical chaos; they’re accumulating through it. When oil routes close and fiat supply chains fracture, the bid under Bitcoin only gets thicker.