Michael Saylor’s strategy added to his Bitcoin hiding place last week when the cryptocurrency exceeded $ 90,000.
In an advertisement on April 28, the strategy said that it had acquired 15,355 Bitcoin (BTC) between April 21 and 27.
The latest purchase cost strategy of $ 1.42 billion at an average price of $ 92,737 per BTC, increasing the company’s aggregated BTC plans by around 3% to a total of 535,555 BTC worth more than $ 50 billion.
The latest purchase of the strategy has been its biggest since late March, when the company won 22,048 bitcoin for $ 1.92 billion at an average price of $ 86,969 per BTC.
Bitcoin yield of the strategy is 13.7%
Announcing the purchase on X, the co-founder of the Saylor strategy said that the company had reached the BTC return of 13.7% year-old.
“As of April 27, we acquired 553,555 BTC for around $ 37.90 billion at $ 68,459 per Bitcoin,” said Saylor.
BTC yield of the strategy – an indicator representing the percentage of variation of the ratio between its BTC participations and the supposed diluted actions – amounted to 74% in 2024.
The company plans to achieve a BTC yield target target of 15% in 2025.
“You can still buy BTC for less than $ 0.1 million”
The purchase of Strategy Bitcoin came while cryptocurrency captured an important optimistic action last week, going from 8% from about $ 87,000 to almost $ 94,000 during the period from April 21 to 27, according to Coingecko data.
Bitcoin exchanged $ 95,442 at the time of writing, slightly above its price on January 1, but still lower than its price of all time more than $ 109,000 given on January 21.
While the strategy has strengthened its Bitcoin hiding place alongside a BTC rally, Saylor continued to publish bull messages to the community on social networks.
In relation: More than 13,000 institutions exposed to the because Saylor strategy indicates to BTC buy
“You can still buy BTC for less than $ 0.1 million,” wrote Saylor on April 25.
In another X Post preceding the purchase ad, Saylor said: “Stay humble. Stack Sats [satoshis]. “He linked the message to a screenshot of the strategy portfolio tracker reflecting the company’s BTC purchases on the price of the price table.
The news comes while the strategy increases to a market capitalization of $ 100 billion, MSTR shares increasing around 23% YTD and negotiating $ 368.7 at the time of publication, according to tradingView data.
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