Michael Saylor’s Strategy Company Continues Bitcoin Accumulation Amid Market Decline
- Strategy’s latest acquisition was on April 6, purchasing 4,871 BTC for over $329.8 million.
- The company now holds a total of 766,970 BTC, valued at approximately $54.5 billion.
- Despite a bear market resulting in nearly $14.5 billion in unrealized losses, Strategy continues to buy BTC.
- In March, miners produced about 16,200 BTC while Strategy accumulated nearly three times that amount at approximately 46,233 BTC.
- The average cost of acquisition per BTC for Strategy is $75,644.
Michael Saylor emphasizes the importance of capital flows in determining Bitcoin’s growth trajectory as his company maintains its aggressive accumulation strategy despite significant unrealized losses on its holdings.
With a total of nearly $14.5 billion in losses and an average acquisition cost below current market prices, Strategy’s continued investment highlights its commitment to accumulating Bitcoin even during challenging market conditions.
