Strategy Acquires $1 Billion in Bitcoin, Becoming Largest Corporate Holder
Strategy has purchased $1 billion worth of Bitcoin, increasing its holdings to 780,897 BTC, making it the largest corporate Bitcoin holder. The acquisition was made at an average price of $71,902 per BTC, with total Bitcoin investments now valued at $59.02 billion. The company's Bitcoin holdings need only a 2.05% annual appreciation to cover dividends indefinitely.
Tickers: $MSTR
Topics: Bitcoin Corporate Investments Dividend Coverage Market Position