📰 MicroStrategy is buying Bitcoin again — +21,021 BTC for $2.46 billion!
Michael Saylor does not stop: the company purchased another 21,021 BTC at an average price of $117,256, bringing its total reserves to 628,791 BTC! 🤯
📊 Current statistics:
• 🔹 Purchased: 21,021 BTC
• 💸 Transaction amount: $2.46 billion
• 💰 Average entry price: $117,256
• 📦 Total portfolio: 628,791 BTC
• 🏷️ Average price of the entire portfolio: $73,277
• 📈 Unrealized profit: ~$28.18 billion
Saylor financed the purchase through a new issuance of STRC shares, raising $2.5 billion — this is the largest BTC investment by the company since 2021.
MicroStrategy is now essentially a “public BTC fund.”
The more bitcoins — the higher the market capital. The model works — but the risks scale along with it.
📉 If $BTC falls below $73k — the company could go into the red. But Saylor seems to be focused only on 🚀.