According to the official announcement of the strategy, the company added 10,100 Bitcoin last week. This movement is $ 104,080 on an average of $ 104,080 per coin.
Bitcoin slipped from $ 110,000 on June 9 to Iran’s nuclear weapons on June 12 at $ 103,550 on June 12. The strategy currently has 592,100 BTC, each of which is about $ 70,666, for about $ 40 billion.
Bitcoin Holdings increase
The latest purchase is the second of the strategy in June. Based on the report, the total shares are nearly 600,000 BTC. It is a hidden hidden according to any scale. The company has spent more than $ 41 billion so far. It handles it as an opportunity to buy more dip. The average cost per coin is much lower than the current market rate.
Preferred inventory proposal
The new STRD stock of the strategy began trading at NASDAQ on June 11, which aims to raise $ 250 million in fresh cash. According to the company, the 10% series A will issue 2.5 million shares of a permanent traffic shares for $ 100. This cash should be funded for more Bitcoin purchases without using cash reserves.
Goals and progress
Based on the data of the strategy, the annual bitcoin yield is currently 19.1%. Last Monday increased 2% in 1,045 BTC purchases. The yield in 1/4 is 7.5%. The company has raised its target target from 15%to 25%by December 31, 2025. We need a strong price increase over next year.
Wider industrial warning
Saylor was busy with X and praised colleagues. He congratulated Metaplanet to reach 10,000 BTC. He mentioned the CEO of Simon Gerovich and the director of Dylan Leclair. At the same time, Vaneck’s Matthew Sigel warned that the purchase of Bitcoin, a large company, could dilute the value when trading stocks near net asset value. The standard charter also expressed the risk of volatility in early June.
Road in the future
If Bitcoin rises and maintains more than six figures, you can pay for the way of purchasing the strategy. Preferred inventory paths provide dry powder for more purchase. However, the 10% dividend of the STRD can be measured when the gain is stopped.
Investors will watch Bitcoin’s price swing updates and changes. The current strategy is betting on volatility as an opportunity to build one of the largest corporate Bitcoin finance in history.
The main image of Money Times, the chart of TradingView
Editorial process focuses on providing thorough research, accurate and prejudice content. We support the strict sourcing standard and each page is diligent in the top technology experts and the seasoned editor’s team. This process ensures the integrity, relevance and value of the reader’s content.
