#strategyadds950bitcoin 🚨 The strategy is back to buying Bitcoin again. 950 Bitcoin in just one week! The strategy spent $75.7 million to buy 950 Bitcoin at a price of $79,670.
The bigger picture looks even more exciting 👀
₿ Total holdings: 846,000 Bitcoin
💰 Total cost: $63.8 billion
📊 Average cost: $75,416 per Bitcoin
The strategy also repurchased $174 million worth of STRC preferred shares during the same period.
🔥 Why traders are watching:
After a pause in purchases, the strategy returned to adding Bitcoin. Bitcoin is trading above the price the strategy paid on average.
This draws attention to Bitcoin demand, and the Bitcoin treasury strategies of MSTR and other companies.
👀 Does the renewed buying by the strategy signal that institutions are becoming more confident in Bitcoin, or is it simply part of the strategy’s long-term treasury plan?
Please follow up
#bitcoin #BTC #crypto
$BTC · $MSTRB · $ETH
The bigger picture looks even more exciting 👀
₿ Total holdings: 846,000 Bitcoin
💰 Total cost: $63.8 billion
📊 Average cost: $75,416 per Bitcoin
The strategy also repurchased $174 million worth of STRC preferred shares during the same period.
🔥 Why traders are watching:
After a pause in purchases, the strategy returned to adding Bitcoin. Bitcoin is trading above the price the strategy paid on average.
This draws attention to Bitcoin demand, and the Bitcoin treasury strategies of MSTR and other companies.
👀 Does the renewed buying by the strategy signal that institutions are becoming more confident in Bitcoin, or is it simply part of the strategy’s long-term treasury plan?
Please follow up
#bitcoin #BTC #crypto
$BTC · $MSTRB · $ETH
