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Bitcoin Surge: Strategy Nears 600K Holdings

Strategy Expands Bitcoin Holdings with New Acquisition

  • Strategy, formerly MicroStrategy, acquired 4,020 BTC for $427.1 million.
  • The average purchase price was $106,237 per Bitcoin.
  • Total Bitcoin holdings now stand at approximately 580,250 BTC.
  • Total investment in Bitcoin amounts to $40.6 billion at an average price of $69,979 per BTC.
  • Strategy launched a $2.1 billion At-The-Market (ATM) equity program for Strife (STRF).
  • The company has achieved a $7.7 billion gain from its Bitcoin investments so far.

Strategy’s recent acquisition increases its total Bitcoin holdings to around 580,250 BTC, reflecting a significant investment strategy in the cryptocurrency market.

Source (2.6)https://www.newsbtc.com/bitcoin-news/on-the-verge-strategys-recent-purchase-positions-total-bitcoin-holdings-near-600000/?rand=52377
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