Strategy is once again talking about her with a new Bitcoin acquisition. With this last operation, the company exceeds 499,000 BTC. What strengthen its position among the main Bitcoins holders in the world!
Strategy buys 20,356 bitcoins for $ 1.99 billion
Between February 18 and 23, Strategy added 20 356 BTC to its wallet For a total of nearly 500,000 bitcoins. This represents more than 2.3 % of the world supply. At an average price of $ 97,514 per bitcoin, this acquisition demonstrates the company's ambitious strategy to strengthen its Position on the digital asset market.
The total cost of the acquisition amounts to $ 33.1 billion, according to executive president Michael Saylor.
THE recent acquisitions Bitcoins follow a convertible bonds of $ 2 billion, recently fenced. This operation therefore allows Strategy to finance its BTC acquisition strategydespite a 2024 year marked by mixed results in its main activity.
Strategy reserves reach nearly 500,000 BTC
With a total of 499,096 BTC, the company approaches the symbolic threshold of 500,000 bitcoins. Despite volatility on the bitcoin marketthe strategy of stratum accumulation seems indeed well defined.
Some Wall Street analysts consider this strategy to be rational despite the risks. Other institutional investors such as Blackrock and Callstrs continue to support Strategy by increasing their participations in society. The latter also benefits from a strong capitalization, although Strategy's action recently dropped. According to data, it closed at 299.69 dollars.
With nearly 500,000 bitcoins in its reserves, Microstrategy thus continues to consolidate its place in the cryptocurrency market, while Metaplanet aims to reach 10,000 BTC in 2025. This daring strategy (although risky!) Could well define a new era of institutional investments in Bitcoin.
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