cryptocurrencies As it began to attract corporate liquidity, stock exchanges were no longer the only source of entry. For a long time, large companies, especially Strategy, have been creating regular BTC demand and helping the price to survive. Strategy, the largest Bitcoin treasury company, announced its purchase again.
Strategy Buying Bitcoin
Michael Saylor’s company started the new year off on a flying note, and every week without exception BTC He is trying to increase his savings. Since the MNAV of the shares continues to remain above 1, the company does not have problems with borrowing and can access the necessary cash for further purchases. Before BTC lost $ 90 thousand in the past week, Saylor’s company made a new purchase and the details were shared in today’s SEC notification.
Strategy, 2,932 BTC He bought it for ~$264.1 million. This shows that the average cost per BTC is $90,061. As of January 25, the company has reserves of 712,647 BTC. The average cost of the huge reserve exceeded $76,037. The company, which has spent $54.19 billion to date, is still making billions of dollars in profit.
