Michael Sailor, the co -founder of the strategy, pointed to the bitcoin (BTC) checks by the company amid the last decline from its highest level ever, $ 112,000 reached on May 22.
“I just buy bitcoin with money that I cannot bear,” Silor wrote to 4 million followers X. mail.
The total purchase of the company of 7,390 BTC on May 19, at a value of approximately $ 765 million, achieved the total strategy holdings to 576,230 BTC.
If the strategy completed the acquisition on May 26, the seventh consecutive week will celebrate the bitcoin purchases.
The strategy has become a synonym for Bitcoin, as the company continues to accommodate large quantities of BTC for the corporate cabinet and inspire other companies to clarify the Bitcoin Treasury, which creates a continuous demand for digital assets of institutional players and help enhance the BTC price.
Related to: Jim Chanus takes opposition -based bets on bitcoin and strategy
BTC to pay the strategy to a $ 10 trillion institution, and leave other companies in dust?
Market analyst Jeff Walton recently said that the strategy may become a $ 10 trillion company, and may require the title of the most valuable company for the public in the world due to the increasing bitcoin stock.
“The strategy carries more than the best assets, the most primitive guarantee, on the entire planet than any other company, by complications,” Walton He said Financial Times in a documentary on the company.
The analyst added that most companies usually face the challenges of gathering hundreds of millions of dollars in capital, but the strategy managed to raise billions of dollars in less than two months.
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While most companies will spend this capital to repair the production process or on operational costs, the strategy uses FIAT funds collected from creditors and stock holders to buy rapid assets of their assessment of public budgets.
Michael Celor has already expected that the price of bitcoin will reach millions of dollars per currency in the coming decades, on the pretext that the assets covered by supply are distinguished by the asymmetric iodine trend against all currencies Fiat that does not contain a supply ceiling.
However, Bitcoin struggled to reach the level of $ 150,000 in the short term. Silor blames slow price procedures for investors who receive premature profits and rotate from BTC due to a long -term condemnation.
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