Strategy Increases Bitcoin Holdings to Over 500,000 BTC
- Strategy purchased 6,911 BTC for $584.1 million, raising total holdings to 506,137 BTC.
- The company plans a $42 billion capital raise for further Bitcoin acquisitions.
- Michael Saylor hinted at more Bitcoin purchases following the recent acquisition.
- The latest purchase was made at an average price of $84,529 per Bitcoin.
- Strategy’s Bitcoin portfolio is valued over $42 billion at current market prices.
Strategy has significantly increased its Bitcoin holdings to over 500,000 BTC with a recent purchase of 6,911 BTC worth approximately $584 million. The company plans to raise $42 billion in capital for further acquisitions.
Source (2.6)https://cryptobriefing.com/bitcoin-strategy-after-500k-btc/?rand=59535