What to know:
- In a most grandiose display of wealth, Michael Saylor’s Strategy (MSTR) snatched up a staggering 4,225 bitcoin (BTC) for the princely sum of $472.5 million, all within the dates of July 7 to July 13. 🎩💰
- This extravagant acquisition was only made possible through the clever maneuvering of selling common and preferred stock—who knew stocks could be used for such tomfoolery?
- The total hoard of bitcoin now sits at 601,550, amassed for the astonishing and slightly absurd sum of $42.87 billion, with each shiny coin averaging a hefty price of $71,268. 🤑💵
Ah, Strategy (MSTR). The largest publicly traded company holding bitcoin, now boasting an impressive total of 601,550 BTC. I dare say, it’s enough to make Scrooge McDuck weep with envy!
This latest addition, valued at approximately $73 billion at bitcoin’s current market price of roughly $121,500, makes one wonder if Michael Saylor is secretly planning to buy a small country or merely attending the world’s biggest digital currency party. 🎉🏦
But wait, how did this financial miracle occur, you ask? Fear not, for the wizards at Strategy conjured up $330.9 million from common share sales under their at-the-market program. They also found $71.1 million from STRK preferred shares, $55.3 million from STRF preferred shares, and a mere $15.0 million from STRD preferred shares. Talk about a loot fest! 💼⚡
All told, these magical financial alchemy tricks generated $472.3 million to fund this latest bitcoin acquisition, while MSTR shares caught a fancy 2.50% rise to $445. Fancy that!
Public firms continue BTC buys
Meanwhile, in a world not so far away, other companies are also joining the bitcoin buying frenzy. Sequans (SQNS) secured 683 BTC, surpassing the 1,000 mark with their collective madness.
K33 (K33 AB) managed to snag 36 BTC, finally crossing that elusive threshold of over 100 bitcoin—now that’s a reason to throw confetti! 🎊
Tao Alpha (SATS) dived in, buying their first 28.56 BTC, while The Blockchain Group added 29 BTC, lifting their total to an impressive 1,933 BTC. Is there a bitcoin competition going on that we’ve been blissfully unaware of? 🏆
Not to be left behind, Metaplanet (3350) joyfully purchased 797 BTC, proving once again that in the world of crypto, it’s all about who can hoard the most shiny digital coins without a care in the world!
Read More
- Silver Rate Forecast
- Black Myth: Wukong minimum & recommended system requirements for PC
- Gold Rate Forecast
- USD CNY PREDICTION
- Former SNL Star Reveals Surprising Comeback After 24 Years
- Grimguard Tactics tier list – Ranking the main classes
- Arknights celebrates fifth anniversary in style with new limited-time event
- Gods & Demons codes (January 2025)
- Maiden Academy tier list
- PUBG Mobile heads back to Riyadh for EWC 2025
2025-07-14 16:25