As just became known, Strategy (formerly known as MicroStrategy), led by Michael Saylor, acquired a whooping 10,100 BTC for approximately $1.05 billion.
As revealed by an official announcement, the price per Bitcoin totaled $104,080. In total, right now, Strategy has amassed a colossal 592,100 BTC stash equivalent to $41.84 billion.
The average purchase price for the company stands at around $70,666 per BTC.
The announcement, of course, triggered a wave of reactions. For example, Simon Gerovich, CEO of MetaPlanet, asked Saylor to "leave some for the rest." Ironically, a Japanese company announced today that its entire Bitcoin portfolio is now worth 10,000 BTC, which Strategy acquired in just one week.
Nevertheless, MetaPlanet's stock price surged by over 25% in just one day, officially making it a trillion-yen company.
This shows just how quickly Strategy is growing its Bitcoin holdings. In fact, it is quite alarming when you consider that Saylor himself predicted $13 million BTC by 2045.
It is difficult to say whether this pace will stay the same or slow down, but one thing is clear: the companies that started early and stuck with their Bitcoin strategy will have a greater impact in the future.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team