The strategy has acquired Bitcoin worth USD 110.2 million, because prices trade near a high level of all time.
According to Until the Monday application for securities and stock exchange (SEC), the strategy acquired 1045 Bitcoins (BTC) at an average price of USD 105,426 per coin. The company currently has 582,000 BTC purchased for around USD 40.8 billion at an average price of about USD 70,086 for BTC.
The announcement is in line with the co -founder of the strategy and executive chairman Michael Saylor, indicating the purchase on June 8. Buy means the ninth week in a row that the strategy was acquired by Bitcoin.
The news about the latest purchase appears when Bitcoin is approaching its highest level. According to To Coinmarketcap, Bitcoin traded at USD 107,640 at the time of writing, only 3.9% lower than the highest level of about USD 112,000 in history reported in May.
Related: Metaplanets shares jump $ 5.4 billion in USD Bitcoin Plan
The latest strategy offer
The latest takeover of Bitcoin is in accordance with the announcement of the strategy of an offer of shares worth $ 1 billion, which four times previously announcing an enhance in $ 250 million. The company plans to apply revenues to finance additional Bitcoin acquisitions and corporate expenditure.
The campaign offer is issued by 11.76 million strategy shares 10.00% of the A Perpetual Stride Preferted Access series for USD 85 per share. After deducting expenses from insurance and other contributions, the company expects to collect about $ 979 million.
In contrast to previous rounds of obtaining funds, this offer provides non -chammatic dividends of 10%, aimed at referring to institutional and professional investors seeking opportunities to generate performance.
Attack of followers
The strategy – then known as Microstrategy – is a business intelligence company that turned to Bitcoin accumulation with the initial purchase of $ 21,454 for $ 250 million in August 2020. Since then, it accumulated over 2.75% of all bitcoins that will ever be extracted.
The company’s market capitalization is $ 104.6 billion, compared to $ 1.2 billion Reported In July 2020, before the Bitcoin accumulation began. His success story inspired a long list of other companies to follow in their footsteps.
One particularly known example is Metaplanet, often called “Japanese microstrategy”. Recently, he became the eighth largest bitcoin corporate owner, using the same tools as the strategy.
Similarly, France Blockchain Group added another 580 Bitcoin to its Bitcoin treasure, which led to a 225% enhance in stock price after BTC accumulation in November.
At the beginning of this month, the Norwegian cryptographic exchange Norwegian block exchange recorded an enhance in shares by over 138% per day after announcing the intention to buy and hold bitcoins.
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