The strategy co-founder Michael Sayler on Sunday indicated the purchase of an adjacent bitcoin (BTC), as the company’s total holdings crossed $ 71 billion.
Treasury company’s most recent procurement took place on 14 July, when it bought 4,225 BTC for $ 472.5 million, making its total holding 601,550 BTC, priced more than $ 71.4 billion.
The company is about 66.5% on its bitcoin investment, according to which untruth has an account of more than $ 28.5 billion. Saylortracker,
Bitcoin under the leadership of Treasury companies, exchange-traded funds (ETFs), with institutional investors and centralized crypto exchanges, remain one of the main drivers of bitcoin demand in the current market cycle.
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The $ 4 trillion increases the strategy evaluation with the total crypto market cap
The company’s stock increased by about 21.52% in the previous month, exceeding the total assessment of the strategy to more than $ 118 billion.
A stocker of strategy took place amidst the increase in the Crypto market, in which the total crypto market capitalization crossed the $ 4 trillion mark in July and Bitcoin killed a new all-time high.
In December 2024, the BTC Treasury Company entered the NASDAQ 100 stock market index as the institutional demand for stock of strategy increased.
Some institutional investors want exposure for bitcoin, but cannot keep bitcoins directly in their investment funds. These investors keep shares of bitcoin treasury companies or buy their corporate loan products as proxy to keep BTC.
Macroeconomist Lynn Alden “has a strict mandate of capital trillions of dollars, and there are strict mandate for some.” wrote,
https://www.youtube.com/watch?v=npzqd7tsqmg
“There are stock funds where the portfolio manager can only buy stocks. He cannot buy bonds, ETFs, or commodities,” Aldon gave as an example of the type of restrictions imposed on asset managers.
One of the largest institutional investment firms, Mohra has long opposed to keep bitcoins or introducing bitcoin to customers, but now 20 million shares of strategy, or about 8% of the company’s outstanding stock.
The indirect risk of the investment firm for bitcoins through publicly trading company highlighted the integration of bitcoins in traditional finance through heritage investment vehicles.
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