The strategy, a business intelligence company listed on the NASDAC, which was previously known as Microstrategy, has announced that it has deepened its commitment to the leading currency in the encrypted currency (BTC), which paid an additional $ 1.99 billion in the cryptocurrency to obtain 20356 additional coins.
The company, which over time, has bought a synonym for the investing of the cryptocurrency, the symbols of an average of $ 97,514 per BTC and now recorded the Bitcoin return by 6.9 % so far this year, according to a hadith. presentation With the American Securities and Stock Exchange Committee (SEC).
This last acquisition, which was funded through the revenue of the transferable notes worth $ 2 billion, which was completed just days ago, and the total BTC strategic wives brings to 499,096, which is worth about 33.1 billion dollars and gained at an average cost of 66,357 Dollar for the United States. Bitcoin’s fixed company as a primary treasury reserve strategy has fueled the enthusiasm of the investor and the scrutiny of equality.
The offer of convertible observations, which was completed on February 21, has achieved a great benefit for the investor, and raised $ 2 billion with an option for buyers to obtain an additional $ 300 million. The notes carry a 35 % transfer bonus based on the price of the Strategy A.C., which may lead to a reduction in current stocks when transferring.
The stock market returns in the strategy
The strategy shares greatly reflected the volatile nature of the cryptocurrency market, with beta 3.26, indicating much higher fluctuations than the wider stock market. Nevertheless, the arrow achieved a remarkable return of 335 % over the past year, and is currently characterized by a market capital of $ 74 billion, according to data from Google Financing.
It is worth noting the company, first began buying BTC in August 2020 and since then debt and shares offers have been released to finance additional cryptocurrency purchases. The first BTC purchase was for 21,454 BTC with an average price of about $ 11,600.
