Bitcoin Purchasing Strategy of Strategy: The Smallest Transaction in Many Months
The company holding the Bitcoin treasury, #strategy (formerly MicroStrategy), celebrated 5 years of Bitcoin purchases with a relatively small transaction. The company just spent 18 million USD to acquire an additional 155 BTC last week, marking this as the smallest transaction since March.
Continuing the Bitcoin Accumulation Strategy
Although this transaction is much more modest compared to previous purchases (some reaching up to 2.5 billion USD), it still demonstrates Strategy's unwavering commitment to the Bitcoin accumulation strategy. Currently, the company holds a total of 628,946 $BTC , valued at over 75.5 billion USD, continuing to maintain its position as the largest publicly traded company holding Bitcoin in the world.
Strategy began purchasing Bitcoin in August 2020 to hedge against inflation and increase shareholder value. Since then, the company’s stock (#MSTR ) has surged over 2,700%, demonstrating the success of this unique business model.
Risks and Opportunities
Although this strategy has yielded enormous profits for Strategy, some experts still warn about the inherent risks of turning cryptocurrency into treasury assets. Nevertheless, the company’s impressive growth has inspired many smaller businesses to follow suit, making Bitcoin accumulation a notable trend in the financial market. #anhbacong