Strategy, the largest corporate holder of bitcoin, said it's almost halfway to its ambitious capital raising goal as it went on a buying spree throughout the postelection rally.The company formerly known as MicroStrategy said since the end of the third quarter it has acquired 218,

On the popular prediction market platform Polymarket, crypto bettors are wagering that MicroStrategy's chances of holding 500,000 Bitcoin ahead of March has dropped to just 51% — a decrease of 28%.

MicroStrategy, the business intelligence firm and Bitcoin treasury company co-founded by Michael Saylor has rebranded to “Strategy.”

The company announced in its last earnings report a plan to raise $42 billion to buy bitcoin in three years. It’s already spent nearly half of that.

MicroStrategy disclosed in a regulatory filing on Monday that it had gone a week without purchasing any Bitcoin for the first time since early November.

MicroStrategy reports Q4 results late Wednesday. The software company went on a 12-week bitcoin buying spree ahead of results.