Bitcoin price reached 122,290 dollars on Sunday night before the strategy, which was previously known as Microstrategy, for acquiring 155 BTC worth $ 18 million, representing the fifth anniversary of the leading Bitcoin wardrobe strategy. The purchase, which was performed at the average bitcoin price, $ 116,401 per currency, reaches the total company’s possessions to 628,946 BTC, which represents about 3 % of the total bitcoin supply.
According to SEC file On Monday, the revenue strategy was used from the STRF ATM (on the market) and its preliminary general offer that was previously completed from the changing variable shares of the A Perpetual Street to finance the purchase. Bitcoin Commage investment is 46.1 billion dollars, with an average purchase price of $ 73,288 per currency.
“If you do not stop buying Bitcoin, you will not stop earning money,” Strategic President Michael Silor posted on X on SundayThinking about the company’s trip since the first Bitcoin purchase on August 11, 2020, when it acquired 21,454 BTC for $ 250 million with about $ 11,400 for the coin.
The latest acquisition, although it is modest compared to purchasing the 21,021 BTC strategy in July, shows the company’s firm commitment to the strategy of accumulating bitcoin. The purchase comes at a time when Bitcoin’s adoption of companies continues to accelerate, as the number of public companies reaches Bitcoin on their public budgets that reach unprecedented levels.
The accumulation of the consistent strategy of bitcoin, regardless of market conditions, is preceded by the CAT management. Their success has inspired a new wave of companies to consider bitcoin as the origin of the Treasury.
Bitcoin has been estimated significantly since its initial investments, as the Bitcoin price increased by 960 % from about 11400 dollars to about $ 120,000. This wonderful performance has verified the validity of the controversial strategy decision to convert corporate treasury to Bitcoin five years ago.
The strategy maintains many programs to provide ATMs, which total $ 40 billion, including joint stock offers and a different series of favorite stocks. During the week ending on August 10, the company sold 115,169 stocks of Strf, with $ 13.6 million of net revenue, which partially funded the latest bitcoin purchase.
In the future, Silor remains up to the long -term bitcoin horizons. In late 2024, he pledged to continue the purchase of bitcoin currencies regardless of price estimation, and in June, he doubled his prediction that Bitcoin would reach 21 million dollars during the next 21 years.
Although this special purchase may seem small compared to the pre -strategy’s acquisitions, it symbolizes the company’s long -term commitment to Bitcoin. Their systematic approach to bitcoin accumulation created a plan to diversify the corporate treasury.
The broader market has responded positively to the continued bitcoin purchases in the strategy, while Bitcoin continues to grow. Recent weeks have witnessed many major companies announcing the Treasury positions in Bitcoin, including important purchases by technology and financial institutions.
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