Strategy buys almost $2b more Bitcoin, now holds over 528k BTC
Michael Saylor’s strategy increases his Bitcoin assets to 528,185 BTC, acquired for $ 1.92 billion with an average of $ 86,969 per room.
The most active public bitcoin (BTC) Buyer’s strategy (formerly Microstrategy) acquired 22,048 additional BTC, bearing its total BTC Holdings at 528 185 BTC. In a March 31 job On X, Michael Saylor, the founder of Strategy, revealed that the company had acquired the last tranche for $ 1.92 billion over six days, from March 24 to 30.
According to a disclosure deposited with the Securities and Exchange American Commission, Strategy bought the tranche at an average price of nearly $ 86,969 per BTC. Despite the purchase, Bitcoin is negotiated from 1.32% to $ 82,060.
With the latest purchase, the strategy reached BTC yield of 11% YTD and March 31, 528,185 BTC acquired $ 35.63 billion at around $ 67,458 per BTC.
The latest purchase follows the strategy plans to raise additional capital for Bitcoin acquisitions despite market volatility and a broader macroeconomic uncertainty.
Like crypto.News reported Earlier, the company intends to raise $ 21 billion thanks to its privileged class A strike actions to strengthen its investment portfolio. According to a dry file, funds will be used for general purposes, which may include other Bitcoin purchases.
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