Despite Rebrand, it is business as usual for Michael Saylor’s strategy, as the company has bought another $ 742 million in Bitcoin. According to a Post to X (formerly Twitter) From the company’s founder, MRST has bought a total of 7,633 bitcoins to add its growing stash.
After losing the name Micro Strategy, the company took a week’s break from its BTC accumulation strategy. Still, they are back and embrace the leading Cryptocurrency that has served them so well. The last purchase provides its total holdings worth $ 46 billion.
Just in: Michael Saylor’s Micro Strategy buys an additional $ 7,633 Bitcoin worth $ 742 million.
– watcher.guru (@watcherguru) February 10, 2025
New name the same plan: Michael Saylor’s strategy buys an additional 7,633 bitcoin
At the end of 2024, Bitcoin went on a bull driving that saw it reach outstanding heights. The asset broke through $ 100,000 for the first time in its history. Not only did it see a rush against adoption, but it proved some of the largest Cryptocurrency defenders in the financial sector.
The head of them was Michael Saylor, whose reclassification strategy has returned to buy up the leading Krypton and awarded BTC at $ 742 million on Monday. It actually paid $ 97,255 per BTC in the last purchase that saw it adding more than 7,600 of Cryptocurrency to its holding, according to one Latest archiving.
Also read: Saylor proposes 81 trillion dollars Bitcoin Reserve to reinvent US financial system
The company has presented its Bitcoin Treasury strategy that is trying to collect more than $ 42 billion over the next two years. On February 5, the company completed a public offer of 7,300,000 preferred shares for $ 80 per. That sale had actually generated the company $ 563 million in revenue, where the company invested more than $ 31 billion in Bitcoin so far.
