They’ve scooped up 1,955 $BTC for around $217.4M at an average price of $111,196 per coin. That brings their total holdings to a massive 638,460 Bitcoin, cementing their position as the ultimate Bitcoin whale.
Relentless accumulation continues
We could say Saylor’s strategy accumulation is bold, but the company's relentless accumulation, which see that always happens, was not fueled by their own fund. It was funded through a combination of convertible debt offerings or preferred stock sales, but the company's main target is the institutional investors.
Therefore, you shouldnt be surprise that it is easy for them to buy more BTC.