Main notes
- The total bitcoin’s bitcoin is now 538,200 units, with a value of more than $ 47 billion.
- Michael Sailor stands next to Bitcoin as a risk -free store.
- The market value of Bitcoin is $ 1.73 trillion, which enhances a strategic investment.
Bitcoin Treasury Company strategy has confirmed a great addition to the Bitcoin portfolio. Technology has spent $ 555.8 million to top its Bitcoin bag, which led to the strengthening of the strategy position as one of the largest companies in digital assets.
Bitcoin Bet Strategy: Main Details
According to a hadith statement, the strategy announced that it had bought 6556 Bitcoin for about $ 555.8 million. The deal was announced by submitting an 8-K organizational model presented on the same day.
according to FillingEach Bitcoin unit was purchased at an average price of $ 84,785. With this last investment, the company now owns 538,200 bitcoin.
It should be noted that this is not the first time that the Bitcoin headlines strategy has been released this year. In a previous update, the software company acquired 6,911 Bitcoin for $ 584.1 million. Almost at the same time, Bitcoin price reached $ 87,000.
According to the latest update, the total investment of the strategy in Bitcoin amounted to about 36.47 billion dollars. This is the average cost of Bitcoin’s entire wives of about $ 67,766 for the coin.
It should also be noted that the value of Bitcoin Bitcoin has jumped in response. Coinmarketca data explains that bitcoin is currently at $ 87,319.30, which represents an increase of 3.47 % over the past 24 hours.
It is important to add that the aggressive bitcoin model of the strategy is not random. Technology Company has spent years building this reserve on the basis of historical trends. The Foundation uses the Ministry of Treasury to buy Bitcoin instead of keeping cash or gold. Over time, this approach drew attention from both investors and watching encrypted currencies.
Michael Sailor says that Bitcoin is still overcoming gold
Michael Sailor, who leads the strategy as a president, believes that bitcoin is a better value of traditional assets. In a recent statement, Michael Celor participated that Bitcoin did not carry any risks of the opposite party.
Bitcoin does not have the risks of the opposite party.
No company. No country. There is no creditor. No currency. No competitor. No culture. Not even chaos.Michael Saylor (Saylor) April 19, 2025
The view of this continuous confidence of the strategy in Bitcoin as the protection against financial uncertainty and external control. This also explains the reason that the company is very upward in its approach to obtaining the currency.
The latest Stripe Stripe (STRF) in Nasdaq. According to the update, the arrow is designed to finance the huge bitcoin purchases and has a different attractiveness from the company’s traditional shares.
Meanwhile, the Metaplanet 319 Bitcoin strategy added to her wardrobe, and has become the ninth year -old in the world.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Benjamin Jodfrey is a blockchain lover and journalist who enjoys writing about the real life applications of Blockchain technology and innovations to pay public acceptance and complementarity all over the world for emerging technology. His desire to educate people about encrypted currencies inspire his contributions to the media and famous sites in Blockchain.
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