Michael Silor’s strategy plans to provide 5 million shares to purchase more bitcoin
Business Intelligence and Bitcoin plans to the investor to provide 5 million arrows of the favorite of the Series A Perpetual Stiffe series and use returns to buy more bitcoin.
In an advertisement, the company He said It intends to use returns for general purposes. This includes working capital and “acquisition of bitcoin”. However, the company said this is still subject to the market and other conditions.
According to the strategy, the arrows will accumulate cumulative profits by 10 % annually. The company also noticed that the shareholders will get profits on the quarterly stocks, starting from June 30, 2025.
The strategy said it could buy all these shares in cash if the total number of shares on the market decreases to less than 25 % of the amount issued.
This advertisement follows the smallest known purchase of the company. On March 17, the company announced that it had bought 130 Bitcoin (BTC) for $ 10.7 million in cash, at an average price of about 82,981 dollars per BTC. The latest BTC Buy is the smallest amount of the company since its first investment in Bitcoin in August 2020. Before the last purchase, it was the lowest amount than the BTC that was purchased through the strategy of the 169pitcoin purchase process made in August 2024. The smallest BTC’s purchase in the strategy comes in the feelings of the Bitcoin Bull. On March 18, the founder and CEO of Cryptoquant Ki Young Ju said that the bull cycle has ended and expected 6 to 12 months of declining or side work. Related to: Bitcoin Bitcoin is still more than $ 7 billion despite the market shrinkage Since its first investment in Bitcoin, the company and its subsidiaries raised 499226 BTC at a total purchase price of $ 33.1 billion. Metal currencies are bought at an average price of $ 66,360 per BTC, including fees and expenses. If the company bought 774 BTC (about $ 64 million), then its total holdings will reach 500,000. This will be 2.38 % of the entire bitcoin supply. The company is still the largest bitcoin holder in the world and is still more than $ 8 billion on its investment in BTC despite the contraction of the last market. At the time of writing this report, the strategic BTC Holdings value is about $ 41.1 billion. https://www.youtube.com/watch? magazine: Crypting fans are obsessed with longevity and vital length: this is the reasonThe strategy makes the smallest bitcoin purchase at all
Bitcoin strategic possessions near 500,000