Bitcoin (BTC) price remained quiet at around $109,000 as the U.S. stock market was closed for Memorial Day

While the U.S. stock market was closed for Memorial Day, Bitcoin continued its quiet trend at around $109,000.

The U.S. stock market was closed for Memorial Day, but Bitcoin continued its quiet trend at around $109,000.

Every year, the U.S. stock market sets the last Monday of May as Memorial Day and honors the war dead.

Strategies, which holds the world's largest share of bitcoin among listed companies, purchased 4020 more bitcoin.

Strategies now has 580,000 Bitcoin holdings.

Bitcoin is trading at $108,323 on Binance, the world's largest virtual asset exchange, as of 10:20 a.m., down 0.93% from 24 hours ago.

Bitcoin did not show much volatility as the U.S. stock market closed the previous day.

Bitcoin briefly exceeded $110,000 early in the day, but fell again and is trading at a similar price point as the previous day.

On the 26th, Michael Saylor, chairman of the Strategy, said that MSTR purchased 4020 Bitcoin for $427.1 million.

Now, Streets has a total of 580,250 Bitcoin and its per-capita rating is around $69,979.

Strategy said it raised the funds needed to purchase Bitcoin through its cash holdings and recently issued convertible bonds.

Strategy has been steadily buying Bitcoin since 2020 since it adopted it as a strategic asset.

Tokenized U.S. government bonds have exceeded $7 billion in market capitalization.

According to rwa.xyz, tokenized U.S. bonds have a market cap of $7.08 billion.

The tokenized U.S. bond has remained around $7 billion since it exceeded $7 billion for the first time on the 20th.

"BUIDL," co-issued by BlackRock, the world's largest asset manager, and Securities, a real asset tokenization and security token platform, is the largest at $2.91 billion.

Franklin Templeton's "BENJI," the world's top 10 asset management company, ranked second with $758.69 million, and OUSG, a short-term U.S. bond token issued by Ondo Finance, ranked third with $637.48 million.