🟧 Strategy Buys 6,220 More $BTC , Now Holds Over $71.8B in Bitcoin
🏛️ #Bitcoin giant Strategy, led by Michael Saylor, has acquired 6,220 BTC for $739.8M, averaging $118,940 per coin.
⚡ This boosts its total stash to 607,770 BTC, worth around $71.8 billion! ranking it 9th among S&P 500 companies by cash-equivalent holdings.
📊 Key Highlights:
🟠 Total #BTC holdings: 607,770 BTC
💰 Average cost basis: $71,756 → Paper gain: $28.1B
🏦 Funded through MSTR stock sales and preferred shares (STRK, STRF, STRD)
📈 TD Cowen raises price target to $680, citing BTC price forecast of $155K by Dec 2025
📜 Strategy’s aggressive “42/42 plan” targets $84B in capital for BTC accumulation by 2027, setting a new standard for corporate crypto treasuries. The company now holds nearly 3% of Bitcoin’s total supply.
✅ Saylor continues to position BTC as “digital property” — a superior long-term alternative to fiat and Treasurys.