Strategy, a company that adopted a strategy focused on accumulating Bitcoin in its treasury, announced the purchase of another R$ 11 billion ($1.92 billion) in cryptocurrency this Monday (31). The company already holds 528,185 bitcoins, representing 2.51% of the total supply.
Despite the size of the purchase, made between March 24 and 30, it did not affect the price of Bitcoin. At the time of this writing, BTC is being traded at $82,500, down 5.5% in the last 7 days.
Another company adopting the same strategy is GameStop. In addition to being a famous game retailer in the US, the company also made headlines in recent years after its stock skyrocketed 10,000% during the pandemic.
Strategy closes the 1st quarter with purchases of 81,785 bitcoins
While some tourists are leaving the market due to the drop in Bitcoin, -25% from its historical peak in January, Strategy remains strong with its strategy of accumulating as many coins as possible.
This Monday (31), Michael Saylor's company announced another billion-dollar investment.
"Strategy acquired 22,048 BTC for approximately $1.92 billion (R$ 11 billion), at an average price of ~$86,969 per bitcoin, and achieved a BTC yield of 11.0% for the accumulated amount by 2025. As of 03/30/2025, we hold 528,185 BTC acquired for ~$35.63 billion, at an average price of ~$67,458 per bitcoin."
The company closes the 1st quarter of 2025 with 9 investments made. In total, 81,785 bitcoins were acquired during the period for nearly $7.8 billion (R$ 45 billion).
