Addiction to bitcoins? Michael Saylor buys 15 355 btc more

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She bought the strategy 15 355 bitcoins Excluded tokens $ 1.42 billion, and the second is a huge takeover in two plain weeks. The company’s chairman, Michael Saylor, revealed the acquisition through social media on Monday.

This movement further strengthens the strategy as the largest corporate owner of cryptocurrency, and its current possession is currently 553 555 Bitcoins worth about $ 52 billion.

The strategy throws the premium price for the recent Bitcoin string

The strategy purchased the latest Bitcoins at an average price of USD 92,737 per coin, based on the Saylor declaration. This is much above their total average cost 68 459 USD for BTC. The takeover appears after what looks like a monthly cycle in which the strategy makes the greatest shopping towards the tail each month.

The company that changed with Microstrategy and diversified the business intelligence and in the direction of cryptocurrency development, bought Bitcoin three times in the last five weeks. Reports indicate that this sturdy purchase strategy was successful when it comes to their shares, as far as they brought a 14% return.

Source: Strategy

Crypto Holdings strategy dwarfs other corporate investors

The value of Bitcoin resources of the strategy places it significantly before other public commercial companies that invest in cryptocurrency. According to Bitcoin Treasuries, the strategy is currently the owner of 505 955 more BTC than runner -up Marathon Digital and 522 055 more than the third capital of Twenty One Capital.

BTC now has USD 94,712. Chart: TradingView

The strategy has invested a total of almost $ 38 billion in cryptocurrency shopping. With the value of their shares is currently over $ 50 billion, the company has an unrealized profit of $ 14 billion. This profit is alone on paper until the company sells some of its shares.

There is a purchase pattern at the end of the month

An expert from cryptocurrencies known as the maartunn from Cryptoquant noticed the habit of Strategy, which is the largest shopping at the end of the month. At the end of March, the company purchased 20,365 Bitcoins ($ 1.99 billion) and 22 048 Bitcoin (USD 1.92 billion), and the last April purchase after the same trend.

Between these huge purchases at the end of the month strategy purchases were never more than 7,000 BTC, bounding an analyst on the company’s purchasing behavior. This trend means that the company can still make significant purchases in the following months.

A distinguished picture from Unsplash, TradingView chart

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