Strategy announces its next Bitcoin purchase
After a week of silence and reporting a multibillion-dollar loss, the American company Strategy, led by founder Michael Saylor, is speaking up again.
After a week of silence and reporting a multibillion-dollar loss, the American company Strategy, led by founder Michael Saylor, is speaking up again. Last week the company purchased 3,459 Bitcoin (BTC), for a total of about $285.8 million. The average purchase price thus came in at $82,618 per BTC.
With this purchase, Strategy's total Bitcoin holdings stand at 531,644 BTC. For this massive crypto stash, the company paid about $35.92 billion in total. The average purchase price per Bitcoin is thus $67,556.
Notably, Strategy has achieved an so-called "BTC yield" of 11.4 percent this year. This indicator shows how well the company is increasing the number of Bitcoin per outstanding share over a period. In other words: it shows how efficiently Strategy can grow its Bitcoin per share.
The news was officially disclosed via an eight-K form – a report that US-listed companies file with the SEC to announce major events.
Michael Saylor himself announced the investment earlier on Sunday afternoon via the X platform (formerly Twitter), with the notable remark: "No tariffs on orange coins" – a playful nod to Bitcoin.
Despite earlier speculation about potential forced BTC liquidations at Strategy – rumors that unsettled the crypto market – the panic seems to have faded somewhat.
Investors looking to crypto-related stocks like MSTR (Strategy), COIN (Coinbase), and MARA (Marathon Digital) after recent market volatility may be seeing a new entry point in this development.
