The co-founder of the Michael Saylor strategy reported an imminent Bitcoin (BTC) purchase by the company, while the Bitcoin price oscillated below the summit of more than $ 124,000 reached Thursday.
The most recent Bitcoin acquisition of the company took place on Monday, when the strategy bought 155 BTC for $ 18 million, bringing its total assets to 628,946 BTC, valued at more than $ 74.2 billion.
Saylortracker’s data show that the company has increased by more than 60% on its BTC investment, which represents more than $ 28 billion in unrealized gains.
The strategy continues to be a Bitcoin proxy investment for institutional funds which cannot legally hold the BTC due to mandates and retail investors who do not want to deposit the crypto.
The company launched the Bitcoin Corporate Treasury model, generating a torrent of copies, including Altcoin cash companies.
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Saylor is not concerned with the rise of cash altcoin companies
Saylor recently declared that he was not worried about the growing trend of the Altcoin treasury companies in competition for the market share and the attention of investors.
“I still think that the vast majority of the capital flows into space takes place in Bitcoin,” said Saylor in Bloomberg in August.
“We have gone from a 60 companies capitalizing on Bitcoin to 160 companies in the last six months; therefore, I am focused on Bitcoin,” he continued.
The strategy has more than doubled its Bitcoin participations since the election of American president Donald Trump in November 2024, acquiring 376,726 BTC in just nine months.
For comparison, it took a strategy over four years to accumulate 252,220 BTC before the accelerated pace of purchases triggered by the American presidential election of 2024.
The company began to buy Bitcoin in 2020, which caused the action of its action of almost 2,600% over five years, arousing interests of institutional investors, crypto merchants and equity buyers.
The strategy is the largest holder of the Bitcoin company, according to the Bitcoinies, and its reserve of 628,946 BTC means that the company has accumulated more bitcoin than the best Bitcoin treasure companies combined, giving the company a large moat on competitors.
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