rloaiza
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Bullish
#BTCHashratePeak
The company Strategy has just commemorated five years since its first purchase of #Bitcoin, an initial measure that has helped its stock price soar nearly 2,600% since 2020 and revived it from a 20-year stagnation.
Strategy bought its first batch of Bitcoin on August 11, 2020, spending US$250 million to acquire 21,454 BTC in what its founder Michael Saylor called its new capital allocation strategy. The company has spent a total of US$46 billion buying 628,791 BTC, the largest holdings of BTC among any public or private company.
The company Strategy has just commemorated five years since its first purchase of #Bitcoin, an initial measure that has helped its stock price soar nearly 2,600% since 2020 and revived it from a 20-year stagnation.
Strategy bought its first batch of Bitcoin on August 11, 2020, spending US$250 million to acquire 21,454 BTC in what its founder Michael Saylor called its new capital allocation strategy. The company has spent a total of US$46 billion buying 628,791 BTC, the largest holdings of BTC among any public or private company.
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