🔥 Strategy Loads Up on Bitcoin Amid Market Turmoil! 🔥
Strategy (MSTR) isn’t slowing down, it just made another huge move by adding 10,100 Bitcoin (BTC) to its portfolio! 💰 This big buy, worth US$1 billion, came after BTC fell to US$104,080 on Monday (16/06) amid growing tensions stemming from the conflict between Israel and Iran. 🌍✨
This significant purchase happened just after Strategy successfully listed its third Bitcoin-related preferred stock, called STRD, on Nasdaq. 📈 The company aims to raise US$250 million by selling 2.5 million shares at US$100 each. 🍕💵
As of today, Strategy holds a massive total of 592,100 BTC, valued at roughly US$41.8 billion. The average price it originally paid per bitcoin stands at US$70,666 much lower than the current market price. 📉🚀
Strategy Bitcoin profits are growing nicely, with its annual return up to 19.1% since the start of the year a 2% improvement from last week. 📈✨ The company annual return target is now raised to 25% (up from 15%) in reflection of its growing confidence in Bitcoin’s future! 🌟🔥
Stay sharp and stay informed