Strategy Co-founder Michael Saylor says upcoming Bitcoin (BTC) Purchased Sunday as the company’s total shares exceeded $71 billion.
Finance Company Latest purchases It happened on July 14, when it purchased 4225 BTC for $472.5 million, with a total holding of 601,550 BTC worth over $71.4 billion.
According to the company’s Bitcoin investment, the company’s growth was about 66.5%, accounting for more than $28.5 billion in unrealized earnings. Saylortracker.
Bitcoin Finance Company, Leaded by strategycontinue to be The main drivers of Bitcoin demand In the current market cycle, along with exchange-traded funds (ETFs), institutional investors and centralized crypto exchanges.
Related: Lawyers say litigation against the strategy can take years.
The valuation of strategy surges along with $4 trillion in total crypto market capitalization
Company’s stock About 21.52% In the last month, the strategy’s total valuation exceeded $118 billion.
Strategic stock rally emerges as crypto market rises Trademarks spanning $4 trillion In July and Bitcoin Reach a new climax.
In December 2024, BTC Treasury Enter the Nasdaq 100 Stock Market Index As institutions’ demand for strategic stocks grows.
Some institutional investors want to get in touch with Bitcoin, but cannot directly hold the investment funds of Bitcoin. These investors hold shares of Bitcoin Treasury companies or purchase their corporate debt products as agents for holding BTC.
“There are trillions of dollars in custody capital, some of which have strict mandates associated with it,” Write.
https://www.youtube.com/watch?v=npzqd7tsqmg
“In stock funds, a portfolio manager can only buy stocks. He or she cannot buy bonds, ETFs, or commodities,” Alden cited the type of restriction on asset managers as an example.
Vanguard is one of the largest institutional investment companies and has long opposed holdings or offering bitcoin directly to customers, but now Strategy for holding 20 million sharesaccounting for about 8% of the company’s outstanding shares.
The investment company’s indirect exposure to Bitcoin through a publicly traded company highlights the integration of Bitcoin into traditional finance through traditional investment tools.
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