According to the official announcement of the strategist, the company added 10 100 bitcoin to its high last week. The move costs $ 1 billion at an average price of $ 104,080 per coin.
Bitcoin Went from $ 110,000 on June 9 to a low of $ 103,550 on June 12 after news about Israel that beat Iranian nuclear places. Strategy now holds 592 100 BTC, purchased for about $ 41.8 billion to an average of $ 70,666 each.
Rising Bitcoin holding
The Last purchase are the second strategy in June. Based on reports, it provides total holdings to almost 600,000 BTC. It is a huge stash of all dimensions. The company has spent more than $ 41 billion so far. It treats dip as chances to buy more. The average cost per coin remains well below current market rates.
Preferred share offer
The strategy’s new STRD shares started shopping at Nasdaq on June 11. The move aims to raise $ 250 million in new cash. According to the company, it will issue 2.5 million shares of 10% Serie A ever -preferred share to $ 100 each. That cash should finance more bitcoin purchases without tapping their cash reserves.
Return goals and progress
Based on Strategy data, Its year -for -date bitcoin return is now 19.1%. It is up by 2% from last Monday’s 1,045 BTC purchase. Quarterly -date exchange is 7.5%. The company has increased its target from 15% to 25% by December 31, 2025. Beat which will need strong price profits for the next and a half years.
Broader industry warnings
Saylor has been busy at X and praised comrades. He congratulated the meta plane for reaching 10,000 BTC. He mentioned CEO Simon Gerovich and director Dylan Leclair with names. At the same time, Matthew Sigel from Vanecke warned that large companies Bitcoin purchases can dilute value if a share acts near the net asset value. Standard chartered also flagged volatility risks in early June.
The way forward
The strategy’s purchase -dip strategy can pay off if bitcoin climbs and holds over six digits. The preferred warehouse road gives it dry powder for more purchases. But 10% dividend on StD can weigh in profits stables.
Investors will keep an eye on return updates and any changes in Bitcoin’s Price wing. At the moment, strategy is investing in volatility as a chance to build one of the largest companies’ bitcoin state funds in history.
Image from Money Times, charts from TradingView
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