Strategy, the largest corporate holder of Bitcoin, has resumed its purchases by acquiring over 10,000 BTC.
Total Bitcoin Acquisition Volumes
The firm acquired 10,100 BTC for approximately $1.05 billion, raising its total holdings to 592,100 BTC. This acquisition was announced by former CEO Michael Saylor, a noted Bitcoin advocate.
Company's Financial Results
The total amount spent on Bitcoin has reached $41.84 billion, while the current market value of the acquired assets is over $63.3 billion. This puts the company at an unrealized profit of more than $21 billion. The year-to-date return on Bitcoin is 19.1%.
Other Market Participants
In addition to Strategy, another significant buyer, Metaplanet, has also increased its holdings, reaching the 10,000 BTC mark. This indicates a growing interest in Bitcoin from corporate investors.
The resumption of purchases by Strategy highlights the continued interest in Bitcoin as an investment asset, despite existing geopolitical tensions.
