Strategy Adds | Crypto

Billionaire Michael Saylor’s Strategy has expanded its bitcoin position with a 8,178 BTC purchase for $835.6M, lifting holdings to 649,870 BTC at a $48.37B cost basis, as the company has continued to finance BTC accumulation through preferred stock and at-the-market equity programs. The post Billionaire Michael Saylor’s Strategy Adds $835.6M in Bitcoin at $102K Average appeared first on Cryptonews.

Michael Saylor’s Strategy has disclosed a 430 BTC buy for $51.4M at ~$119,666, taking holdings to 629,376 BTC. The firm has outlined aggregate cost of $46.15B (avg $73,320) and refined ATM rules below 2.5× mNAV to manage debt service, dividends, and selective treasury deployment.   The post Michael Saylor’s Strategy Adds 430 BTC, Holdings Hit 629,376 – What’s the Catch? appeared first on Cryptonews.