#StrategyBTCPurchase , $BTC
Here are some key updates on their BTC purchases
- *Recent Purchases*: Strategy acquired 7,633 BTC for $97,255 each, totaling approximately $742 million, and 20,356 BTC for $1.99 billion at an average price of $97,514 per Bitcoin.
- *Total Holdings*: Their total Bitcoin holdings now approach 500,000 BTC, with an average buy price of $66,357, and have recently surpassed 592,000 BTC.
- *Investment Thesis*: Strategy's CEO, Michael Saylor, has expressed strong confidence in Bitcoin's long-term potential, driving the company's investment decisions.
- *Financial Impact*: Despite reporting impairment losses, including a $670 million loss in Q4 2024, Strategy's Bitcoin investments have generated $13.1 billion in revenue since 2020.
- *Growth Plans*: The company aims to reach $10 billion in investments by year-end and has secured $21 billion in funds to purchase more Bitcoin over the next three years.
