CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino
crypto.news 2025-03-17 12:55:10

Strategy expands Bitcoin holdings with $10.7m purchase

Michael Saylor’s Bitcoin corporate tycoon Strategy has acquired 130 BTC for approximately $10.7 million. Strategy, formerly known as MicroStrategy , is moving forward to push its Bitcoin ( BTC ) bags to the 500,000 mark, purchasing 130 BTC for $10.7 million. Strategy has acquired 130 BTC for ~$10.7M at ~$82,981 per bitcoin and has achieved BTC Yield of 6.9% YTD 2025. As of 3/16/2025, we hodl 499,226 $BTC acquired for ~$33.1 billion at ~$66,360 per bitcoin. $MSTR $STRK https://t.co/8xRmR8vlIt — Michael Saylor⚡️ (@saylor) March 17, 2025 In an X announcement on Monday, March 17, Strategy founder Michael Saylor revealed that the Virginia-based public company acquired 130 BTC for nearly $83,000 per BTC and has achieved BTC Yield of 6.9% year-to-date. With the latest purchase, Strategy now holds 499,226 BTC, acquired for over $33 billion at an average price of around $66,360 per BTC. Despite the announcement, Strategy’s STRK shares dipped 1% in pre-market trading, according to Nasdaq data. You might also like: Strategy stock plummets 50% from November peak, but Saylor keeps betting big on BTC The purchase comes just a week after Strategy announced plans to raise additional capital to fund Bitcoin purchases despite the recent market downslide and macro uncertainty. As crypto.news reported earlier, the company plans to raise $21 billion through its class A strike preferred stock as the firm seeks to bolster its investment portfolio. According to a filing with the U.S. Securities and Exchange Commission, Strategy will use proceeds from the sale to fund general corporate operations, which could include more Bitcoin buys. Offering STRK shares via an at-the-market sale sale adds to Strategy’s existing ATM equity program for the “21/21” roadmap, a plan to raise and invest $42 billion in BTC championed by executive chairman Michael Saylor. On top of that, Strategy can also exercise a buyback option for the total unbought allocation if STRK’s value declines 25% below its initial value at issuance. Read more: Bitcoin’s proxy stock is collapsing – Is Strategy headed for a forced liquidation?

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta