The co-founder of the Michael Saylor strategy reported the company’s 11th consecutive week of the company (BTC) Purchases, a sequence that started on April 14.
“In 21 years, you will want you to buy more”, Saylor wrote To its 4.4 million followers on X. The co-founder of the strategy has won around 1 million followers on the social media platform in the past year.
Society most recent acquisition of bitcoin Especially on June 23, when the strategy bought 245 BTC for $ 26 million, bringing its total assets to 592,345 BTC, valued at more than $ 63.6 billion.
The Bitcoin treasure of the strategy makes it biggest known company BTC holder in the world. Saylor’s company holds more than double the amount of BTC as a top 20 of competing, combined public Bitcoin cash companies, according to Bitcointheries.
Analysts continue to determine whether the rapid accumulation of the company’s bitcoin trigger a supply shockresulting in higher BTC prices.
Other market players have raised concerns about sustainability of the corporate bitcoin treasure model Employed by strategy copy companies that finance BTC acquisitions with debt and equity – a problem that could be the source of the next bitcoin market.
In relation: Saylor suggests the next bitcoin buy because the investor continues the loss of the first quarter of the strategy
The strategy does not fold up under pressure, but new cash companies
Only one A handful of Bitcoin cash companies will survive Once the price of bitcoin is dropped, according to a recent report of the breed of the venture capital company.
“When failures have inevitably struck, the strongest actors are likely to acquire companies in distress and to consolidate the industry,” wrote the authors of the report.
“The new cash companies are faced with this even more acute risk, as they will have to increase capital in more difficult terms and to higher lever ratios than the strategy,” according to Breed.
The report noted that the strategy has a much higher chance of surviving the next market slowdown because of its size, BTC Holdings and because it has resisted a previous stock market.
The strategy has maintained the discipline and continued to accumulate bitcoin even through the lowering market, which will be the characteristic behavior of other successful BTC cash companies, added the authors.
The strategy investor and market analyst Jeff Walton recently foreseen that the company has 91% chance of join the S&P 500A stock market index of the 500 largest companies listed on the US stock market in T2 2025.
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.
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