Michael Sailor’s strategy continued to accumulate aggressive bitcoin, as it revealed a new purchase of 6220 BTC about 739.8 million dollars.
the acquisitionThe completed last week, the company’s total holdings of 60,770 BTCIts value is now estimated at more than $ 71,000 for the average coin.
This last purchase was largely funded by selling 1.6 million MSTR shares, which raised $ 736.4 million. The revenue of the strategy throughout the year on the BTC portfolio is now 20.8 %, which reflects the broader encryption rally that recently paid Bitcoin to its highest level at $ 130,000.
Silor alluded to the purchase earlier with a post that includes the sharing of the Bitco Bitcoin portfolio in the company: “Stay modest. Stack Sats”. The move comes after the company acquired 4,225 BTC – a purchase that helped the strategy to cross a 600000 BTC teacher, making it the largest company holder in Bitcoin to a large extent.
Through this continuous accumulation, the strategy has now rose to the top 10 US treasury bonds by size, and even NVIDIA has exceeded the chips giant. Meanwhile, MSTR shares rose by more than 2 % on the news, trading about $ 432 – although it is still slightly low during the week as Bitcoin cools from its last peak.
Alexander Zervakov
CoINDoo correspondent
Alexander Zervakov is a person who always looks for logic behind things. He is good at the German language and has more than 3 years of experience in the encryption space, as it skillfully determines new trends in the world of digital currencies. Whether providing in -depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does makes him an important member of the team.
Source: https://coindoo.com/stragygy-buys-nother-739m-in-btc-now-holds-ver-607000-Coins/