Strategy Crosses The Threshold Of 500,000 BTC After A New Purchase Of Bitcoins

Strategy, ex-MicroStrategy, has not changed its name by chance: the company waited to approach the threshold of 500,000 bitcoins to do so. Having crossed this milestone, it now boasts a historic digital vault. By engraving this step in the cryptographic stone, it offers itself a prime place in the pantheon of crypto investors. And like a victory that never comes alone, it has just added nearly 7,000 BTC to its collection.

Bitcoin: half a million coins in Strategy’s pocket

And there you have it! Another Monday where Michael Saylor, already armed with a historic investment plan, played the crypto market Monopoly with real money. Thanks to a purchase of 6,911 BTC for the modest sum of 584 million dollars, Strategy, the new flashy name for MicroStrategy, now holds 506,137 BTC. One could say that there are soon no crumbs left for others.

The average acquisition cost of this latest batch? A modest $84,529 per piece. And in total, Strategy has invested nearly $33.7 billion in Bitcoin, at an average price of $66,608. A true all-in crypto, modern gladiator style.

As of today, Saylor’s company holds 2.4% of the total existing BTC supply. And guess what? He does not intend to stop there.

• 506,137 BTC held;
• 6,911 BTC added recently;
• $33.7 billion total investment;
• $66,608: average price per BTC;
• 2.4% of the global BTC supply.

But why this symbolic figure of 500,000 BTC? Why this obsession with holding so much of a digital asset? And above all, what happens when you become richer than some countries? That would warrant a world map and a good coffee.

Michael Saylor’s BTC vault continues to fill up

While some seek the key to success, Michael Saylor has built the vault. And to fill it, he even raised an additional $711 million through the sale of preferred STRF shares at 10%, proving that appetite comes with buying.

Thanks to this massive fundraising, Strategy is already planning to further bolster its Bitcoin reserves. It must be said that this latest share issuance brought in more than expected: 8.5 million shares sold at $85 each, far exceeding the initial $500 million anticipated.

« $MSTR acquired 6,911 BTC for $584 million at an average price of $84,529 per bitcoin » proudly tweeted Saylor. One can feel the financial ecstasy behind each word.

The most surprising? The crypto market hardly flinched. The price of BTC, on the other hand, is calmly hovering above $87,000, despite this historic announcement. As if investors had already absorbed the fact that Saylor will buy up all the stock sooner or later.

And now? A strategy of 100,000 more BTC? A new fundraising? Or just the desire to become the living vault of the crypto planet? Bets are open.

In addition to encouraging Washington to invest massively in Bitcoin, Michael Saylor now dreams of a BTC strategy… at $100 trillion. Just that.