Michael Sailor continues to enhance the presence of his company in the Bitcoin Market with a new strategic initiative: the company Declare The intention to The release of 5 million shares of its share in the preferred series.
Revenue will be allocated to general goals, including Bitcoin acquisition (BTC). However, the process depends on market conditions and other external factors.
Bitcoin’s latest purchase by Michael Celor and stock strategy
Provides new stocks issued by the strategy Cumulative profits of 10 % annually. Shares will receive stock profits on a quarterly basis, starting with June 30, 2025.
An additional condition states that the company may be Re -purchase all the outstanding shares If the total number decreases below 25 % of the total version.
This strategic procedure will allow maintaining control of the capital structure and providing greater stability to investors.
The announcement of the shares comes immediately after purchasing the smallest company from Bitcoin.
on March 17, 2024Strategy Bought 130 BTC for a total value of $ 10.7 million. The average price paid was almost all bitcoin currencies 82,981 dollars.
This represents the smallest purchase since The beginning of the company entered the encryption market in August 2020.
Previously, its lowest level has ever recorded for the company’s acquisitions in August 2024when 169 BTC It was purchased.
The low volume of the latest purchase occurs at a time when many experts wonder about the sustainability of the bull cycle for cryptocurrencies.
The last process takes place in the context Increased speculation about the end of the Bitcoin Bull.
on March 18, 2024Ki Jong Go, CEO and founder of Cryptoquant, stated that the market may have entered into a stage Rawd or bear for the next 6-12 months.
These expectations may lead to investors re -evaluating their strategies, while paying close attention to the future movements of Bitcoin price and their impact on companies with large holdings in encrypted currencies.
The current bitcoin possesses the strategy
Since the beginning of BTC acquisitions, the strategy and its subsidiary companies have accumulated 499,226 bitcoinWith full expenses 33.1 billion dollars. The average purchase price per BTC was 66,360 dollarsIncluding expenses and fees.
If the company will buy another 774 BTC at an estimated cost of $ 64 millionThe total bitcoin reserves will reach the historical threshold of 500000 BTC.
This will represent 2.38 % of the entire global offer of bitcoinUnifying its location The largest contract company BTC Globally.
Despite the recent differences in Bitcoin price, the strategy is still in a fixed profit. Currently, its BTC reserves have an estimated value 41.1 billion dollarsWarranty a More than 8 billion dollars earn Compared to the initial purchase price.
The continuous accumulation strategy explains the company’s belief in the company with the long -term capabilities of Bitcoin as a value store, despite the interruption periods in bulls and the potential bear market expectations in the coming months.
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