Strategy Makes 100th Bitcoin Purchase, Total Holdings Reach 717,722 BTC
Strategy, a leading Bitcoin treasury company, has completed its 100th BTC purchase, acquiring 592 BTC for $39.8 million. This brings its total holdings to 717,722 BTC, representing approximately 3.6% of the circulating supply. Despite spending a total of $54.56 billion on its Bitcoin stack, the current value is $46.48 billion, resulting in an unrealized loss of nearly 15%. The company is known for its strong conviction, having made only one sale in December 2022. The latest purchase was funded through its stock offering program. Strategy remains the world's largest public Bitcoin holder. Concurrently, Bitmine, the second-largest public digital asset treasury, has significantly increased its Ethereum holdings. Bitcoin's price is currently around $65,100, down over 4% in the past week.
bitcoinistDün 14:32