The strategy co -founder, Michael Saylor, said an imminent purchase of Bitcoin (BTC) on Sunday, since the company’s total holdings crossed $ 71 billion.
The most recent purchase of the Treasury Company took place on July 14, when it bought 4,225 BTC for $ 472.5 million, which raised its holdings at 601,550 BTC, valued at more than $ 71.4 billion.
The company has increased around 66.5% in its investment in Bitcoin, which represents more than $ 28.5 billion in unrealized profits, according to Saylorotracker.
Bitcoin Treasury companies, directed by the strategy, continue to be one of the main drivers of Bitcoin’s demand in the current market cycle, together with funds quoted in exchange (ETF), institutional investors and exchanges of centralized cryptocurrencies.
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The strategy assessment increases together with the total Crypto market capitalization of $ 4 billion
The company’s shares increased approximately 21.52% in the last month, which led to the total valuation of the strategy to more than $ 118 billion.
The strategy shares rally occurred in the middle of an increase in the cryptographic market, with the total capitalization of the cryptographic market that crosses the $ 4 billion brand in July and Bitcoin reaching a new historical maximum.
In December 2024, the BTC Treasury Company entered the Nasdaq 100 Stock Market Index as the institutional demand of the strategy actions grew.
Certain institutional investors want exposure to Bitcoin, but cannot maintain bitcoin directly in their investment funds. These investors have Bitcoin Treasury Companies shares or buy their corporate debt products such as a Proxy for having BTC.
“There are billions of dollars of administered capital, and some of which have strict mandates associated with it,” Lyn Alden Macroeconomist wrote.
https://www.youtube.com/watch?v=npzqd7tsqmg
“There are actions of shares in which the portfolio manager can only buy shares. He cannot buy bonds, ETF or basic products,” Alden gave as an example of the types of restrictions imposed on asset administrators.
Vanguard, one of the largest institutional investment firms, has long opposed Bitcoin or offering Bitcoin directly to customers, but now has 20 million strategy actions, or about 8% of the company’s pending actions.
The indirect exposure of the investment company to Bitcoin through a company that quotes in the stock market highlights the integration of Bitcoin into traditional finances through inherited investment vehicles.
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