Business

Bitcoin Stash of the strategy reaches $ 73 billion with 638,985 BTC in Treasury


Strategy, the Business Intelligence Company co -founded by Michael Saylor, increased its Bitcoin holdings to more than $ 73 billion after a reported purchase as part of its treasury strategy.

In a Monday opinion, Saylor said The company had acquired 525 bitcoin (BTC) for around $ 60 million, given an average price of $ 114,562 per room. Additional bitcoin resulted in strategy assets totaling 638,985 BTC, worth more than $ 73 billion at the time of publication.

Investments, Microstrategy, Michael Saylor
Source: Michael Saylor

Bitcoin’s purchase was part of the strategy accumulation strategy, launched in August 2020 with a BTC investment of $ 250 million. Since this initial investment, the company has regularly announced significant BTC purchases, including a A purchase report of $ 450 million At the end of August and early September.

The accumulation of Bitcoin of Saylor by the strategy marked one of the first important movements for a company to set up a cryptocurrency treasure as potential coverage against inflation. While many other companies in the United States and worldwide have set aside similar allowances to invest in the BTC, others explored investments in Solana (GROUND), Ether (Ethn), and even Dogine (DOGE).

In relation: Your Strategy is launching a repair of $ 250 million while the shares drop 7.5%

Exhibition to crypto through a variety of investment vehicles

While some United States Treasury bills have explored ways to directly hold cryptocurrencies such as Bitcoin via strategic reserves, others have used strategy strategy (MSTR) actions as a means of obtaining exposure to digital assets, where there could be policies to restrict direct investment or public decline.

Pension Fund in Arizona, California, Colorado, Florida, Louisiana, Maryland, New Jersey, Texas and Utah reported in MSTR clothes in 2024.

An executive decree signed by US President Donald Trump in August could also speed up this type of adoption by authorizing 401 (K) Retirement plans to include cryptocurrencies in their investment strategy.