3 articles
Strategy acquired 1,229 BTC for $108.88M, raising its holdings to 672,497 BTC valued at $50.44B as of Dec 28. Read a clear summary of the purchase and what it means for miners.
Michael Saylor’s Strategy bought 1,229 BTC for $108.8M at an average of $88,568, lifting holdings to 672,497 BTC. The purchase, and a $2B reserve, drew criticism from Peter Schiff.
MetaPlanet plans to accumulate 210,000 BTC by 2027 — exactly 1% of Bitcoin’s supply — using a shareholder-approved capital reorganization and new financial products.