STRATEGY ACQUIRES 245 BITCOIN IMPACT AND INSIGHTS!

Strategy, led by Michael Saylor, has acquired 245 Bitcoin for approximately $26 million, marking its smallest purchase since mid-March. This acquisition was made at an average price of $105,856 per coin. Here's a breakdown of the impact and insights :

- Current Holdings: Strategy now holds a total of 592,345 Bitcoin, valued at around $60 billion at current prices.

- Purchase Funding: The acquisition was funded through the sale of preferred stock, specifically STRK and STRF classes, generating net proceeds of over $26 million.

-Year-to-Date Performance: Strategy has achieved a 19.2% year-to-date increase in BTC holdings.

- Market Performance: Bitcoin is currently trading above $101,000, contributing to Strategy's unrealized gains of over $18 billion.

Saylor's Confidence: Michael Saylor expressed confidence in Bitcoin's long-term value proposition, stating that Strategy will continue to buy Bitcoin, anticipating it will get exponentially harder but will work more efficiently.

Strategy's Investment Approach

Consistent Accumulation: Strategy has consistently accumulated Bitcoin over the years, with this purchase marking its 11th consecutive week of acquisitions.

Long-term Perspective: Saylor's investment strategy focuses on the long-term potential of Bitcoin, with the company's shares surging over 3,000% since 2020, significantly outperforming Bitcoin's 1,000% rise in the same period .#BinanceHODLerSAHARA #BinanceAlphaAlert #ScalpingStrategy $BTC