Strategy, the world’s largest corporate holder of bitcoin, added 196 BTC to its treasury last week for $22.1 million at an average price of $113,048 per coin, according to a U.S. SEC filing.
Bitcoin for Corporations' George Mekhail highlights accretive vs. non-accretive models, as firms like Metaplanet follow MicroStrategy's debt-fueled accumulation playbook.
With Bitcoin price hovering around $111,800, Strategy has acquired an additional 1,955 BTC for $217.4 million, bringing its total holdings to 638,460 BTC at an average purchase price of $73,880. The purchase, made despite recent S&P 500 exclusion, demonstrates the company's unwavering commitment to Bitcoin accumulation as corporate treasury holdings collectively surpass 1 million BTC.
Strategy, formerly MicroStrategy, purchased 155 BTC worth $18 million at an average Bitcoin price of $116,401 per coin, bringing its total holdings to 628,946 BTC as Bitcoin price trades above $120,000. The purchase marks the fifth anniversary of Strategy's Bitcoin treasury strategy, which began with a $250 million investment in 2020.
Strategy, formerly Microstrategy, has announced the acquisition of an additional 4,980 Bitcoin for approximately $531.9 million, according to a new SEC Form 8-K filed...
European Bitcoin treasury company acquires 182 BTC through convertible bonds and warrant conversions, bringing total holdings to 1,653 BTC worth $172 million.