Bitcoin $118,725.29 price 119 thousand dollars and subcoins continue to earn the day, albeit weak. 2 crypto treasure company is on the stage with new good news. Although individual investors are concerned about the decline, the risk appetite of corporates who purchase in line with their long -term strategies is strong. Strategy stamp to the last 1 hour.
Strategy and BTC purchase
The company continues to buy Bitcoin steadily since 2020. The company, which normalizes billion dollars of purchases, has a hard time over the years, but today BTC Satisfied with the rise. The company has now increased its new purchasing target of $ 500 million to $ 2 billion.
Crypto investors’ application – the reason will surprise you!
The company has continuously exported more debts and received more Bitcoin, which has started to follow this strategy of nearly 200 companies. Thus, it increases the price of stocks. They buy more BTC and continue to grow by exporting more. Mstr This Palana remained loyal for years and increased the share price above the AC level in the Dotcom balloon. It has exceeded the record level of almost quarter -century.
Finish and ethereum
All those who follow in the footsteps of Michael Saylor’s company BTC Reserve does not create. Ethereum is much lower in market value, which shows that it has more growth potential. In particular, hopes that the bridge between traditional finance and crypto will strengthen feed this expectation. RWA and Stablecoins are further up the Ethereum ecosystem.
This is exactly why Saylor’s strategy Ethereum (ETH) $3,653.32 with. The mining company, which is traded on the stock exchange with the BMNR code, increased its amount to 565,821. This means that the $ 2 billion threshold is exceeded. In the midst of this burning fluctuation from July 15, the company made additional $ 1 billion.
Bitmine President and Fundstrat Research President Thomas Lee said in a statement today;
“We want to buy 5 %of the total ETH supply. We will move forward to our goals by staging them.”
With more than 3 %of the annual stake income, the company will grow its huge reserve where it stands and ETH will benefit more from the price increase.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.