SAYLOR NO PARA! Strategy buys another 430 Bitcoin for $51.4 million and its massive treasury is now worth $72 BILLION
Strategy (MSTR), the pioneer company in the treasury strategy of #bitcoin , has made another bold move. Under the leadership of its CEO, #MichaelSaylor , the company has added another 430 #BTC to its holdings, at an average price of $119,666 each, for a total of $51.4 million.
With this latest purchase, #strategy now holds a total of 629,376 Bitcoin. The acquisition was made at an average price of $73,320, which means the company has already generated massive profits.
The Model #Saylor : The strategy of Strategy, which is based on using the balance sheet and debt issuance to buy Bitcoin, has proven to be incredibly successful. The company's approach has influenced other companies that have begun to adopt Bitcoin as a reserve asset.