#SaylorHintsStrategyBitcoinBuy ๐จ๐
๐ฅ STRATEGY IS BUYING BITCOIN AGAIN!
Michael Saylorโs Strategy has added another 950 BTC for approximately $75.7 million, bringing the companyโs total Bitcoin holdings back to a massive 846,000 BTC.
The purchase was made at an average price of around $79,670 per Bitcoin. Strategy now holds Bitcoin acquired for approximately $63.8 billion, with an average cost basis of about $75,416 per BTC.
But Bitcoin wasnโt the only move.
Strategy also repurchased approximately $174 million worth of STRC preferred shares, meaning nearly $250 million was deployed across Bitcoin purchases and STRC buybacks during the week.
๐ฐ Strategyโs USD assets now stand at approximately $6.09 BILLION, consisting of around $5.04B in USD Reserve and $1.05B in USD Cash.
This latest purchase also shows that Strategy is continuing to rebuild its Bitcoin position after its holdings fell during the summer.
And Michael Saylor had already dropped the hint.
His โA little more orangeโ post appeared shortly before the purchase announcement โ once again signaling that another Bitcoin acquisition was coming.
๐ 846,000 BTC.
๐ฆ $6.09B USD assets.
โฟ 950 BTC added in one week.
Strategy continues to make Bitcoin a major part of its corporate treasury strategy, while also actively managing its preferred-stock capital structure.
The big question now: how much more Bitcoin could Strategy accumulate if Saylor keeps buying? ๐๐
#Bitcoin #BTC #MichaelSaylor #Strategy #MSTR #BitcoinTreasury #Saylor #Crypto #CryptoNews #BitcoinNews #BTCNews #InstitutionalBitcoin #DigitalAssets #BitcoinAccumulation #Bullish #CryptoMarket #HODL #MSTRStock
๐ฅ STRATEGY IS BUYING BITCOIN AGAIN!
Michael Saylorโs Strategy has added another 950 BTC for approximately $75.7 million, bringing the companyโs total Bitcoin holdings back to a massive 846,000 BTC.
The purchase was made at an average price of around $79,670 per Bitcoin. Strategy now holds Bitcoin acquired for approximately $63.8 billion, with an average cost basis of about $75,416 per BTC.
But Bitcoin wasnโt the only move.
Strategy also repurchased approximately $174 million worth of STRC preferred shares, meaning nearly $250 million was deployed across Bitcoin purchases and STRC buybacks during the week.
๐ฐ Strategyโs USD assets now stand at approximately $6.09 BILLION, consisting of around $5.04B in USD Reserve and $1.05B in USD Cash.
This latest purchase also shows that Strategy is continuing to rebuild its Bitcoin position after its holdings fell during the summer.
And Michael Saylor had already dropped the hint.
His โA little more orangeโ post appeared shortly before the purchase announcement โ once again signaling that another Bitcoin acquisition was coming.
๐ 846,000 BTC.
๐ฆ $6.09B USD assets.
โฟ 950 BTC added in one week.
Strategy continues to make Bitcoin a major part of its corporate treasury strategy, while also actively managing its preferred-stock capital structure.
The big question now: how much more Bitcoin could Strategy accumulate if Saylor keeps buying? ๐๐
#Bitcoin #BTC #MichaelSaylor #Strategy #MSTR #BitcoinTreasury #Saylor #Crypto #CryptoNews #BitcoinNews #BTCNews #InstitutionalBitcoin #DigitalAssets #BitcoinAccumulation #Bullish #CryptoMarket #HODL #MSTRStock
