Last week, a company added 1,045 bitcoins to its holdings, spending $110.2 million. The average price per bitcoin for this purchase was $105,426. This acquisition increased the company’s total bitcoin holdings to 582,000, with an average purchase price of $70,086 per bitcoin. As of Monday morning, with bitcoin trading at around $107,500, the company’s bitcoin portfolio is valued at approximately $62.5 billion. The funds for these purchases came from at-the-market sales of the company’s preferred stocks. Additionally, the company’s stock rose by 2% in premarket trading, following a rise in bitcoin’s price from the $105,000 range on Friday. The projected BTC Yield for 2025 for this company stands at 17.1%.
Vivek
@Vivek4real_
·
Apr 28 $3.5 BILLION COAL MINING COMPANY $ARPL BUYS $42 MILLION WORTH OF #BITCOIN
ITS SPREADING LIKE WILDFIRE!!!
Ash Crypto
@Ashcryptoreal
·
Mar 27 JUST THIS WEEK, THESE COMPANIES BOUGHT (AND ARE PLANNING TO BUY) BITCOIN:
➤ STRATEGY +6,911 BTC
➤ BLOCKCHAIN GROUP +580 BTC
➤ METAPLANET +150 BTC
➤ KULR TECH +56.3 BTC
➤ GAMESTOP TO RAISE $1.3B TO ACQUIRE BTC
WHO ELSE IS BUYING?
Fiat Archive
@fiatarchive
·
Jun 6 JUST IN: Twitter and Square investor Greg Kidd acquires publicly traded Know Inc. to buy 1,000 Bitcoin.
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