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#StrategySmallestBTC #BTC #SUIETFcoming? $BTC

Michael Saylor's company, Strategy, has announced its smallest Bitcoin purchase to date, acquiring 130 BTC for approximately $10.7 million at an average price of $82,981 per BTC. This acquisition was funded through the "STRK ATM" program, which aims to raise up to $21 billion for further Bitcoin investments. (Cointelegraph)

With this latest purchase, Strategy's total Bitcoin holdings have reached 499,226 BTC, acquired at an aggregate cost of about $33.1 billion, averaging $66,360 per BTC, inclusive of fees and expenses. The company is now 774 BTC away from holding a total of 500,000 BTC.

Strategy's aggressive Bitcoin acquisition strategy has significantly increased its holdings, positioning the company as a major player in the cryptocurrency market. However, this approach has also raised questions about the sustainability and risks associated with such a large-scale investment in a volatile asset. (Financial Times)

For further details, check out:

Saylor's Strategy: Buy Higher, Pump Harder

Strategy Raises Another $2 Billion for Bitcoin Purchases

If Bitcoin Is the Future, What Explains MicroStrategy's Need for Speed?

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