Bitcoin Accumulation: Saylor’s Strategy Reaches 580,955 BTC, Metaplanet Hits 8,888 BTC
- Strategy (formerly MicroStrategy) bought 705 BTC for $75.1M, now holds 580,955 BTC.
- Tokyo’s Metaplanet acquired 1,088 BTC for $117.3M, bringing its total to 8,888 BTC.
- These purchases show sustained corporate interest in Bitcoin as a long-term reserve.
Bitcoin investment firm Strategy, formerly known as MicroStrategy, has expanded its holdings with a new purchase of 705 BTC, valued at $75.1 million. Executive Chairman Michael Saylor disclosed the acquisition on X, bringing the company’s total Bitcoin reserves to 580,955 BTC.
According to Saylor, the company paid an average of $106,495 per Bitcoin during this latest transaction. The entire portfolio has been acquired at a combined cost of $40.68 billion, reflecting an average purchase price of $70,023 per BTC. The company’s current unrealized gains now stand at approximately $20 billion.
Equity Sales Fund Strat…
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Bitcoin Accumulation: Saylor’s Strategy Reaches 580,955 BTC, Metaplanet Hits 8,888 BTC
- Strategy (formerly MicroStrategy) bought 705 BTC for $75.1M, now holds 580,955 BTC.
- Tokyo’s Metaplanet acquired 1,088 BTC for $117.3M, bringing its total to 8,888 BTC.
- These purchases show sustained corporate interest in Bitcoin as a long-term reserve.
Bitcoin investment firm Strategy, formerly known as MicroStrategy, has expanded its holdings with a new purchase of 705 BTC, valued at $75.1 million. Executive Chairman Michael Saylor disclosed the acquisition on X, bringing the company’s total Bitcoin reserves to 580,955 BTC.
According to Saylor, the company paid an average of $106,495 per Bitcoin during this latest transaction. The entire portfolio has been acquired at a combined cost of $40.68 billion, reflecting an average purchase price of $70,023 per BTC. The company’s current unrealized gains now stand at approximately $20 billion.
Equity Sales Fund Strat…
The post Bitcoin Accumulation: Saylor’s Strategy Reaches 580,955 BTC, Metaplanet Hits 8,888 BTC appeared first on Coin Edition.
Read More
Bitcoin ETFs See First $1B+ Exodus Since March; Truth Social Files for Own BTC Fund