Strategy announced the purchase of 7390 bitcoins in the amount of $ 764.9 million. Asset purchases were made from May 12 to 18 at an average price of $ 103,498 per BTC.

According to the information provided by the most former Microstrategy, the company’s balance is now 576,230 bitcoins (almost 2.6% of the total issue of the coin). Since 2020, the company spent approximately $ 40.18 billion at the average cryptocurrency purchase at an average purchase price of $ 69,726 per 1 BTC.

In the US Securities and Exchange Commission (Sec) the documents said that bitcoins were purchased by placing ordinary and privileged shares on the market (ticker Mstr).

The model is effective if Bitcoin demonstrates growth, as it makes it possible to attract investors’ funds on favorable terms. However, with a rapid decrease in the cryptocurrency course, investors’ interest in shares Mstr
It may decrease.

Strategy remains the largest public holder of the first cryptocurrency.

On the eve of the founder and executive chairman of Strategy, Michael Saylor hinted to buy the next batch of the first cryptocurrency, published on the social network X (former Twitter) Graph from Saylortracker.com, monitoring the purchase of Strategy.

Earlier, Michael Seilor said that the capitalization of his company can reach $ 10 trillion.