Strategy Made Mammoth $2 Billion Bitcoin Purchase Last Week
18 Articles
18 Articles
The company formerly known as MicroStrategy has just announced a massive purchase of 24,869 bitcoins for a total value of 2,010 million dollars, raising its reserves to 843,738 BTC. With this movement, the company that captain Michael Saylor already controls more than 4% of all the bitcoin that will ever exist. The operation has been financed through its perpetual preferential stock program (STRC), a mechanism that allows it to raise capital wit…
Strategy Pulls The Trigger On A $2.01B Bitcoin Purchase
Strategy bought 24,869 Bitcoin for $2.01B over the week, raising its holdings to 843,738 BTC and securing 4.21% of the coin’s circulating supply. “₿ig Dot Energy,” Michael Saylor, Executive Chair of Strategy (formerly MicroStrategy), declared on his social media account last Sunday. It came with a chart showing all the Bitcoin (BTC) purchases of their company so far. Again, the cryptic post served as a sign of an impending major announcement fro…
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