Billionaire Michael Saylor | Crypto

Strategy has reported buying 13,627 BTC Jan. 5-11 for $1.25B, at an average $91,519 per Bitcoin. Total holdings are 687,410 BTC, bought for $51.80B, with an overall average cost of $75,353. The filing says the buy was financed through at-the-market sales of common and preferred shares. The post Billionaire Michael Saylor’s Strategy Scoops 13,627 Bitcoin for $1.25B appeared first on Cryptonews.

Strategy has raised $747.8M in ATM proceeds, lifting USD liquidity to $2.19B. It has kept bitcoin holdings at 671,268 BTC with no purchases in the Dec. 15–21 period, and has reported an average cost of $74,972 per BTC, filing shows. Bitcoin has slipped below $90K, while $41B in ATM capacity remains. The post Billionaire Michael Saylor’s Strategy Boosts USD Reserves by $748M to $2.19B appeared first on Cryptonews.

Billionaire Michael Saylor’s Strategy has expanded its bitcoin position with a 8,178 BTC purchase for $835.6M, lifting holdings to 649,870 BTC at a $48.37B cost basis, as the company has continued to finance BTC accumulation through preferred stock and at-the-market equity programs. The post Billionaire Michael Saylor’s Strategy Adds $835.6M in Bitcoin at $102K Average appeared first on Cryptonews.