#SaylorBTCPurchase
Michael Saylor’s Strategy (MSTR) Adds 22,048 BTC – Now Holds Over Half a Million Bitcoin!
Bitcoin maximalist Michael Saylor is back in the headlines! His company, Strategy (formerly MicroStrategy), just made another massive move – acquiring 22,048 BTC worth a staggering $1.92 billion between March 24 and March 30.
This purchase was funded through stock offerings from their MSTR, STRK, and STRF listings. At the time, MSTR traded at $282, STRK at $84, and STRF at $92 in pre-market hours.
With this new addition, Strategy’s total BTC stash has grown to 528,185 Bitcoin, currently valued at around $35.63 billion, acquired at an average price of $67,458 per BTC. The company is steadily transforming its balance sheet into a Bitcoin treasury – maintaining its title as the largest corporate holder of Bitcoin in the world.
Meanwhile, MARA Holdings, the largest Bitcoin mining firm and second-largest corporate BTC holder with 46,374 BTC, isn’t sitting still. They’ve announced a bold move of their own – a $2 billion stock offering aimed at expanding their Bitcoin reserves.
On March 28, MARA filed with the SEC, revealing partnerships with financial giants like Barclays Capital, BMO Capital Markets, and Cantor Fitzgerald to carry out the sale.
At the time of writing, Bitcoin is trading at $82,318, showing a weekly dip of more than 5%, according to Kraken’s data.
The BTC accumulation race is heating up!
#Bitcoin #MichaelSaylor #MicroStrategy #MSTR #CryptoNews #BTC #BitcoinTreasury #CryptoWhales