Strategy buys bitcoin dip with $ 427 million purchases, holding exceeds 580,000


Key dealers

  • Strategy bought 4,020 Bitcoin for $ 427 million, which increased its holding to over 580,000 BTC.
  • The company is facing a lawsuit that claims misleading statements about Bitcoin strategy.

On Monday, Michael Saylor’s micro strategy revealed that it acquired 4,020 Bitcoin between May 19 and 25 for about $ 427 million and seized the latest price weakness triggered by Trumps 50% customs proposal on EU products.

The purchase, completed at an average price of $ 106,237 per bitcoin, provides Micro Strategy’s total holding to 580 250 BTC. The company also reported an annual exchange of 16.8%year.

After pausing between previous purchases, the strategy now seems to have ruled its bitcoin buying. The latest transaction makes it seven weeks in a row, after acquires 7 390 BTC For $ 765 million a week ending May 18th.

Strategy’s latest BTC acquisition is supported by revenue from its latest share and preferred equity offers, which are revealed in a Sec File On Monday. The company sold 847,000 shares in MSTR, 678,970 STRK shares and 104,423 SRF shares last week, generating net rover of $ 427 million.

Strategy buys BTC between 19 May25Strategy buys BTC between 19 May25

With Bitcoin currently deals with over $ 109,000, Bitcoin -Proxy has generated unrealized profits exceeding $ 23 billion from its BTC investments. The company retains its position as the largest business owner in Bitcoin and controls almost 2.8% of the total BTC offering.

Strategy has recently come under legal pressure when a California-based investor submitted a class action claiming that the company issued misleading statements about its Bitcoin Holdings strategy.

The atmosphere is aimed at both the company and older figures such as Saylor and accuses them of promoting too favorable opinions about Bitcoin’s impact. The company has promised to fight the charges.

Strategy offered no updating of the mood together with its latest BTC acquisition.





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