The company Strategy, known as the largest corporate holder of bitcoins, announced the purchase of 10,100 $BTC for approximately $1.05 billion. However, this news did not elicit a positive market reaction: in pre-market, MSTR shares lost about 1.73–2% from the closing price. The average purchase price was about $104,000 per coin, reflecting the current high volatility of bitcoin. Currently, the company's portfolio holds 582,000 BTC, purchased for $40.8 billion, with an average cost of $70,086.
The decline in shares may be related to investors' concerns about the stability of the company's strategy, which actively raises capital through stock sales and bond issuance to buy cryptocurrency. Some analysts suggest that the market perceived the purchase as a signal of asset revaluation, especially in light of recent BTC volatility. Despite this, Strategy demonstrates an annual income from bitcoin reserves of 17.1%, supporting its ambitious accumulation goal.
Such stock movements spark discussions in the crypto community about the balance between short-term risks and long-term strategy. Stay tuned for updates!
#bitcoin #CryptoInvestment #strategy #MSTR #Blockchain #MiningUpdates
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