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Bitcoin Acquisition Surges to 4 Percent Supply

Strategy Acquires 2,543 Bitcoin, Approaching 4% of Total Supply

  • Strategy, formerly MicroStrategy, purchased approximately 2,543 Bitcoin in a single day.
  • The acquisition was funded through the company’s STRC preferred-stock financing program.
  • This purchase increases Strategy’s holdings to 818,869 BTC, nearly 4% of the total Bitcoin supply.
  • The company has raised capital by selling shares and preferred stock to buy Bitcoin.
  • Average purchase prices for recent acquisitions ranged from $67,700 to $88,568 per BTC.

Strategy’s aggressive accumulation strategy has positioned it as a leading corporate holder of Bitcoin, with its holdings nearing 4% of the total supply.

Source (3.2)https://cryptobriefing.com/strategy-buys-bitcoin-4-percent-supply/?rand=59535
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