Strategy’s Bitcoin Portfolio Grows To Nearly 600,000 BTC After Recent Purchase
Michael Saylor’s Bitcoin (BTC) proxy firm, Strategy, has made headlines once again by purchasing an additional $285.8 million worth of Bitcoin (BTC) during a week characterized by significant fluctuations in the company’s stock (MSTR) price. Saylor’s Strategy Reports 11.4% Year-to-Date Bitcoin Yield To finance this latest acquisition, Strategy utilized its at-the-market stock program, selling shares to raise capital for further Bitcoin purchases. This strategic move aligns with the firm’s ongoing commitment to expanding its Bitcoin holdings, which have become a cornerstone of its....
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Strategy’s $40 billion Bet on Bitcoin has become the subject of a class action lawsuit. The plaintiffs accuse the company’s executives of making misleading statements. This comes amid the firm’s latest purchase of 7,390 BTC. Strategy Faces Lawsuit Over Bitcoin Bet According to Strategy’s filing with the SEC, the plaintiffs filed a class action lawsuit […]
Metaplanet, a Japanese investment firm, has once again extended its Bitcoin portfolio, marking a significant milestone in its aggressive accumulation approach. The company, which is sometimes likened to MicroStrategy (now Strategy) for its Bitcoin-focused blueprint, recently acquired an additional 68.59 BTC, bringing its total holdings to 2,100 BTC. This recent purchase, at almost $6.6 million, […]
Strategy’s BTC holdings could be at risk following Technical expert Tony Severino’s revelation about Bitcoin’s current price action. The expert noted that the flagship crypto’s 200-day MA is below the average cost of the company’s BTC holdings, meaning they could still hold an unrealized loss at some point. Strategy’s Stock At Risk With Bitcoin’s 200-Day […]
Michael Saylor’s recent post has stirred fresh buy speculation around Strategy’s Bitcoin holdings. He shared a portfolio chart and wrote, “What if we start adding green dots?” — a line that many investors read as a nudge toward new purchases. According to the chart, Strategy’s Bitcoin stash is valued at close to $60 billion, reflecting a total of 649,870 Bitcoins acquired across 87 distinct buys. Related Reading: Bitcoin Miners Face A Harsh December: Rising BTC Difficulty, Falling Hashprice Saylor’s Comment Spurs Market Talk The company’s tracker shows each past purchase as an orange dot.....
Michael Saylor’s firm Strategy continues to make Bitcoin headlines with its enormous purchases, making it one of the largest holders in the world. Related Reading: TechCrunch Founder Names XRP Among His Largest Crypto Positions Reports show the company owns 671,268 Bitcoin, roughly 3.2% of the total supply, valued at about $58.61 billion at the time of publication, according to Saylor Tracker. Bitcoin entrepreneur Anthony Pompliano said on his podcast that it would be extremely difficult for any other public company to match Strategy’s buying pace. Massive Holdings And Recent Purchase....