Strategy’s Bitcoin Holdings Cross 600K BTC With New Buy
Michael Saylor’s strategy, the largest public Bitcoin holder in the world, has made another major investment in the assets in last week while the BTC has reached new historic summits of $ 118,000.
The strategy acquired 4,225 Bitcoin (BTC) for $ 472.5 million last week, the company announced on Monday as part of an American and exchange securities committee file.
The new Bitcoin of Strategy purchase was on average $ 111,827 per room, the BTC going from around $ 108,000 on July 7 to $ 118,000 by the end of the week, according to Coingecko.
The acquisition increased Bitcoin Holdings of the strategy to 601,550 BTC, purchased for around 42.87 billion dollars at an average price of $ 71,268 per room.
First purchase of the strategy in July
The latest Bitcoin strategy purchase was officially disclosed in July, after a brief break during the first week of the month.
During this period, the strategy announced a sale of shares of $ 4.2 billion and declared $ 14 billion in unrealized gains for T2 2025. A similar break occurred in early April, probably while the company was preparing to report its first quarter winnings.
The new purchases brought the Bitcoin gain of the strategy for the start of the year (YTD) to 88,062 BTC, or 10.9 billion dollars, compared to a gain of 140,538 BTC for the whole of 2024, or 13 billion dollars, according to strategy data.
The vice-president director of strategy sells 62,500 MSTR shares
“It’s okay forever, Laura”
The latest Bitcoin from Strategy purchases came while BTC broke out in the historic past above $ 112,000 on Wednesday.
After starting the week at $ 108,000, the Bitcoin price increased to $ 118,000 on Sunday. He experienced additional growth up to $ 123,000 on Monday.
While Bitcoin has continued to break new heights of all time since last Wednesday, the co-founder of Strategment, Saylor, remained vocal by expressing his upward perspectives on social networks.
In relation: Michael Saylor of the strategy increases Bitcoin forecasts to $ 21 million by 2046
“It goes up forever, Laura,” wrote Saylor in response to the founder of Unchained, Laura Shin, who went to X to publish on the BRISC of $ 119,000 on Sunday.
Saylor first delivered the line during an interview in 2021 on the Podcast Unchained de Shin, where he said:
“It is the technically higher asset class compared to the dollar, the euro, […] Compared to a stock market index, compared to gold, compared to money, compared to everything you can buy. […] If you have the higher asset, it goes forever, Laura.
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