Michael Saylor's MSTR added 3,015 BTC for $204.1 million
19 Articles
19 Articles
Bitcoin Just Got A $200 Million Vote Of Confidence From Saylor's Strategy
Bitcoin moved into the headlines after Strategy completed its 101st buy, taking on 3,015 BTC at an average near $67,700. According to reports, the company spent roughly $204 million on the latest lot and now holds about 720,737 BTC in total. The new purchase nudges down the company’s overall cost basis, which some reports place around $75,985 per coin. Stock Sales Fund Buys Reports say Strategy used its market programs to raise the cash. The com…
Strategy (MSTR) stock jumps as SEC filing shows fresh Bitcoin buy, higher STRC dividend
Strategy Inc (MSTR) closed up 6.3% at $137.65 and rose to $138.00 after hours following an SEC filing showing it bought 3,015 bitcoins for $204.1 million, funded by new stock and preferred share sales. The company raised its STRC preferred dividend rate to 11.50% from 11.25% starting March 1. Bitcoin traded at $69,351. The next STRC dividend record date is March 15. The post Strategy (MSTR) stock jumps as SEC filing shows fresh Bitcoin buy, high…
Peter Schiff Mocks Michael Saylor After Strategy Adds 3,015 New BTC
TLDR Peter Schiff reacted to Michael Saylor’s latest Bitcoin purchase with a sarcastic congratulatory message. Michael Saylor announced that Strategy acquired 3,015 Bitcoin for about $204.1 million. Strategy’s total Bitcoin holdings reached 720,737 Bitcoin after the new acquisition. Peter Schiff argued that Saylor continued to average down a losing trade during market volatility. Schiff claimed that gold continued to outperform Bitcoin and trad…
Saylor’s Strategy Spends Over $200 Million to Acquire 3,015 BTC: Details - Invest In Crypto News
Some of the comments below the company’s post said this purchase shows “conviction, not hesitation.” After hinting about another purchase on Sunday, Strategy’s co-founder and former CEO, Michael Saylor, has made it official, indicating that his firm has splashed $204.1 million to acqure additional 3,015 BTC. The average cost for the latest transaction was $67,700, and the company’s stash has grown to 720,737 BTC. It was purchased at an …
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