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In a stunning move, Strategy has bought 15,355 BTC this week alone, bringing its Bitcoin treasure chest to a mind-blowing 553,555 BTC! đ„
With Bitcoin averaging $92,737 during the purchase, Strategy dropped $1.42 billion to fortify their position, according to their SEC report.
Michael Saylorâs vision is clear: own Bitcoin, own the future. đ
So far, Strategy has spent $38 billion building its empire â and theyâre already $14 billion in profit! đ
Their aggressive buying spree was funded via MSTR and STRK stock offerings, and itâs paying off: Strategyâs market cap is now hovering around $98 billion. đ
Is Strategy paving the road for Bitcoinâs next leg up?
Letâs hear your take! đ
#Bitcoin #BTC #MichaelSaylo #CryptoInvestments #Bullish
đ„ Don't miss a beat â follow us for breaking crypto headlines!
With Bitcoin averaging $92,737 during the purchase, Strategy dropped $1.42 billion to fortify their position, according to their SEC report.
Michael Saylorâs vision is clear: own Bitcoin, own the future. đ
So far, Strategy has spent $38 billion building its empire â and theyâre already $14 billion in profit! đ
Their aggressive buying spree was funded via MSTR and STRK stock offerings, and itâs paying off: Strategyâs market cap is now hovering around $98 billion. đ
Is Strategy paving the road for Bitcoinâs next leg up?
Letâs hear your take! đ
#Bitcoin #BTC #MichaelSaylo #CryptoInvestments #Bullish
đ„ Don't miss a beat â follow us for breaking crypto headlines!
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Michael Saylor's Strategy has increased its holdings again, and currently holds more than 500,000 bitcoins
On March 24, according to documents submitted by Strategy to the SEC, Strategy, led by Michael Saylor, spent a total of US$584 million to purchase 6,911 bitcoins between March 18 and 24, with an average purchase price of US$84,529 per bitcoin.
So far, MicroStrategy's total bitcoin holdings have exceeded the 500,000 mark, reaching 506,137, with a total cost of approximately US$33.7 billion and an average holding cost of US$66,608 per bitcoin.
This purchase can be described as "precise bottom-fishing" because Bitcoin is at a short-term price trough during this period. Just one day before the acquisition, Strategy had just raised US$711 million by issuing preferred shares with an annual interest rate of 10%, which was obviously sufficient preparation for this increase in holdings.
At the current price, MicroStrategy's bitcoin holdings are worth more than US$42 billion, with a floating profit of nearly US$10 billion. More importantly, these 500,000 BTC are equivalent to nearly 2.5% of the total circulation of Bitcoin, which is 80 times more than the national reserves of El Salvador!
Under the shadow of the global trade war, although most investors are on the sidelines, MicroStrategy still implements the "buy on dips" strategy.
Nansen research analyst Nicolai Sondergaard also said that despite the frequent good news about cryptocurrency policies, the issue of tariff policy will not be determined until at least early April.
He also added that the United States may cancel tariffs on some countries between April 2 and July, and this move is also expected to add new positive momentum to the market.
Overall, Michael Saylor's Strategy still insists on buying large amounts when Bitcoin prices fall, showing its long-term confidence in Bitcoin.
Although the global trade war and tariff issues have brought uncertainty to the market, this wave of operations by Strategy has undoubtedly injected a shot in the arm for the market.
What do you think of Strategy's continued purchases? Do you think it's a good time to increase your position in Bitcoin? Share your views in the comment section!
#æŻçčćž #Strategy #MichaelSaylo
On March 24, according to documents submitted by Strategy to the SEC, Strategy, led by Michael Saylor, spent a total of US$584 million to purchase 6,911 bitcoins between March 18 and 24, with an average purchase price of US$84,529 per bitcoin.
So far, MicroStrategy's total bitcoin holdings have exceeded the 500,000 mark, reaching 506,137, with a total cost of approximately US$33.7 billion and an average holding cost of US$66,608 per bitcoin.
This purchase can be described as "precise bottom-fishing" because Bitcoin is at a short-term price trough during this period. Just one day before the acquisition, Strategy had just raised US$711 million by issuing preferred shares with an annual interest rate of 10%, which was obviously sufficient preparation for this increase in holdings.
At the current price, MicroStrategy's bitcoin holdings are worth more than US$42 billion, with a floating profit of nearly US$10 billion. More importantly, these 500,000 BTC are equivalent to nearly 2.5% of the total circulation of Bitcoin, which is 80 times more than the national reserves of El Salvador!
Under the shadow of the global trade war, although most investors are on the sidelines, MicroStrategy still implements the "buy on dips" strategy.
Nansen research analyst Nicolai Sondergaard also said that despite the frequent good news about cryptocurrency policies, the issue of tariff policy will not be determined until at least early April.
He also added that the United States may cancel tariffs on some countries between April 2 and July, and this move is also expected to add new positive momentum to the market.
Overall, Michael Saylor's Strategy still insists on buying large amounts when Bitcoin prices fall, showing its long-term confidence in Bitcoin.
Although the global trade war and tariff issues have brought uncertainty to the market, this wave of operations by Strategy has undoubtedly injected a shot in the arm for the market.
What do you think of Strategy's continued purchases? Do you think it's a good time to increase your position in Bitcoin? Share your views in the comment section!
#æŻçčćž #Strategy #MichaelSaylo
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