| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107294.7100000000 |
| ETH | $2433.2770000000 |
| BNB | $647.9695700000 |
| XRP | $2.1827000000 |
| ADA | $0.5646129000 |
| SOL | $150.4901000000 |
| DOGE | $N/A |
| DOT | $3.4017000000 |
| LTC | $86.1475000000 |
| LINK | $13.3566800000 |
Category: CRYPTO NEWS
The post Saylor’s Strategy Adds $1.9 Billion Worth Of Bitcoin To Growing Portfolio appeared on BitcoinEthereumNews.com. Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Michael Saylor’s firm, Strategy (previously known as MicroStrategy), announced a new Bitcoin (BTC) buy on Monday, March 31st of a significant $1.9 billion in BTC. This comes despite the market’s leading cryptocurrency’s recent challenges, having plummeted 25% from its all-time high in January of this year. Interestingly, this latest acquisition marks the largest in terms of tokens for Strategy in 2025. Strategy Boosts Bitcoin Holdings To $43.4 Billion Since late October, Strategy has engaged in a series of nearly weekly purchases, bringing its total Bitcoin holdings to approximately $43.4 billion. Remarkably, this amount represents about 2.5% of the total 21 million Bitcoin that will ever be issued. According to a recent filing with the US Securities and Exchange Commission (SEC), Strategy acquired 22,048 Bitcoin at an average price of roughly $86,969 each between March 24 and March 30. Related Reading This purchase is part of a larger trend for the company, which has actively sought to bolster its Bitcoin reserves. In the first quarter alone, Strategy spent approximately $7.79 billion on Bitcoin, with the next largest acquisition earlier this year totaling 20,356 Bitcoin, announced on February 24. To finance this latest purchase, Strategy utilized proceeds raised through its at-the-market sales program for common shares, as well as offerings of preferred shares. This financing approach has proven successful, as the common shares of Strategy have surged nearly 2,200% since Saylor began investing the company’s cash into Bitcoin in 2020. During…
2025-04-01T03:41:12+00:00