Michael Saylor has achieved digital assets, Strategy, the highest new level ever in the encryption value, which is now more than many leading banks and tie domestic product for some countries.
“Our journey started with $ 0.25 billion in Bitcoin – and an immediate unreasonable loss of $ 0.04 billion,” He said Silor on Thursday, noting that Bitcoin’s strategy’s possessions are now estimated at $ 77.4 billion, close to doubling its value in 2024.
The evaluation comes with Bitcoin’s return to the level of $ 120,000. While Bitcoin still decreased by 3 % of its highest level ever in mid -August, the new Bitcoin value in Strategy comes as a result of raising 11,085 BTC over the past seven weeks.
It was the latest relatively small purchase, only 196 BTC on Monday.
Bitco Bitcoin’s Stash is now more worth the market value of many major banks, including Bny Mellon, SberBank, US Bancorp, CIBC, ing, Barclays, Deutsche Bank, Anz Bank and LLOYDS.
A larger cache of the entire GDP
The strategy currently has 640,031 BTC, equivalent to 3.2 % of the total circulating offer. Next Bitcoin Dat is Mara Holdings, which has 52,477 BTC, at a value of about $ 6.3 billion.
With Bitcoin worth 77 billion dollars, you can buy 2,566667 cars at $ 30,000 per dollar or 385,000 homes at a price of $ 200,000 each.
Related to: The fear of the encrypted treasury “bubble” exaggerated fears: CEO of TON Strategy
It is also similar to the entire GDP product of countries such as Uruguay, Sri Lanka and Slovenia, which means that Bitcoin’s possessions in the strategy deserve as much as the annual economic output of the entire countries.
Bitcoin is located in El Salvador
The largest Ministry of Treasury in the National State belongs to El Salvador, which is currently reported that it contains 6338 BTC, at a value of approximately $ 762.5 million, According to To Al Salvador Bitcoin office.
This is a little less than its high evaluation of $ 770 million in mid -August, as the country was accumulating at a much slower pace than BTC per day, although it was buying Bitcoin still a topic that was strongly discussed inside the encryption circles.
The strategy carries nearly half of the total BTC Treasury Holdings
The total amount that BTC maintains by public and private companies is 1.32 million BTC, or 6.6 % of the total offer, at a value of $ 159 billion at the current market prices, According to To bitcointreasuries.net.
The strategy is Gorilla 800 lb -ft, which holds 48 % of the total amount of BTC, which is kept by about 266 public and private companies.
magazine: Hong Kong is not the vulnerability of Chinese encryption companies
The post Strategy’s $77B Bitcoin Treasury Rivals Nations’ GDP first appeared on Investorempires.com.
