As geopolitical tensions in the Middle East escalate, Michael Saylor and his company Strategy are doubling down on their bet in the Bitcoin market. The company has just announced the purchase of 10,100 BTC for $1 billion. Amid the escalating conflict between Israel and Iran, the price of BTC has fallen below $104,000. Michael Saylor did not miss this cheap deal! Strategy has indeed just purchased Bitcoin at an average price of $104,080. This acquisition comes at a time of renewed strikes on Iran's nuclear facilities. This brings Strategy's total BTC holdings to 592,100 BTC, with a purchase cost of $41.8 billion. This amounts to an average price per unit of $70,666. These moves were made just as Strategy launched STRD, its third Bitcoin-backed preferred stock listed on NASDAQ. The goal: to raise another $250 million to further strengthen its position. Thanks to this acquisition, Strategy's Bitcoin yield has climbed to 19.1% since the beginning of the year (up from 17.1%). The company's current target is to achieve a 25% yield by 2025, having previously raised its initial target of 15%. However, this frenzied Bitcoin investment boom has not been without criticism. For instance, according to VanEck's Matthew Sigel, if the continuous issuance of stock is too close to market value, it could dilute instead of create value. Standard Chartered has also issued a similar warning, noting that volatility in the cryptocurrency market poses a risk for companies overly reliant on BTC. Michael Saylor remains confident. He also supports other players in the field, particularly praising Metaplanet, which has just surpassed 10,000 BTC. As cryptocurrency experts worry about regional tensions escalating, Bitcoin seems to be becoming a strategic safe haven for companies like Strategy. However, amidst the general optimism, caution is still necessary. #币安Alpha上新 #GENIUS稳定币法案 #币安Alpha空投SOON
