The co -founder of the strategy, Michael Saylor, signaled the upcoming purchase of Bitcoin (BTC) on Sunday, because the company’s total resources exceeded $ 71 billion.
The last purchase of the State Treasury company took place on July 14, when it bought $ 4225 for $ 472.5 million, which increased the total number of 601,550 BTC with a value of over 71.4 billion dollars.
The company increased by about 66.5% in relation to Bitcoin investments, which accounts for over $ 28.5 billion of unrealized profits, in accordance with SayLortracker.
Treasury Bitcoin, directed by the strategy, are still one of the main factors driving the demand for Bitcoin in the current market cycle, together with stock exchange funds (ETF), institutional investors and centralized cryptographic exchanges.
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Valuation strategy with $ 4 trillion of total cryptographic market capitalization
The company’s shares increased by about 21.52% in the last month, increasing the total valuation of the strategy to over $ 118 billion.
The rally in the strategy took place among the growth on the cryptocurrency market, and the total cryptographic market capitalization exceeded $ 4 trillion in July, and Bitcoin reached the recent highest level of all time.
In December 2024, the BTC treasury company entered the NASDAQ 100 stock index as the institutional demand for strategy increases.
Some institutional investors want to exposure to Bitcoin, but they cannot stop Bitcoin directly in their investment funds. These investors have shares of Bitcoin tax companies or buy their corporate debt products as a proxy for Holding BTC.
“There is a trillion of dollars of managed capital, and some of them have strict fines with it,” macroeconomist Lyn Alden wrote.
https://www.youtube.com/watch?v=NPZQD7TSQMG
“There are action funds in which the portfolio manager can only buy shares. He cannot buy bonds, ETFS or goods,” he gave Alden as an example of types of restrictions imposed on asset managers.
Vanguard, one of the largest institutional investment companies, has long opposed Bitcoin or offering Bitcoin directly to clients, but currently has 20 million strategy shares, i.e. about 8% of the company’s overdue shares.
The indirect exposure of the investment company at Bitcoin through a public commercial company emphasizes Bitcoin integration with time-honored finances through older investment vehicles.
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