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Bitcoin Milestone: Saylor Eyes New Purchase

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
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