Strategy increases Bitcoin balance sheet – but MSTR is stuck in a price crisis.

  • The Bitcoin treasury company Strategy has acquired 487 BTC for nearly $50 million. The average price is $102,600. This was announced in a press release published today, November 10th.
  • Because the Bitcoin price has recently risen again, Strategy has already made a profit of $1.6 million with its latest purchase. However, at just under $106,000, the leading cryptocurrency is still trading one percent below last week's level.
  • The company now holds a total of 641,692 BTC. The average price for all BTC investments is therefore $74,079. Including fees and expenses, the total costs amounted to approximately $47.5 billion. The company thus realized book profits of almost $20.5 billion.
  • Although BTC's balance sheet per share is continuously increasing, Strategy's stock is in crisis. Despite temporary price gains, MSTR has fallen by almost 30 percent year-on-year, while BTC has gained almost 40 percent over the same period.

  • While Michael Saylors Strategy is the largest publicly traded Bitcoin holder, it is far from being the only Bitcoin treasury company on the global financial market. A growing number of publicly traded companies are developing Bitcoin strategies, including GameStop, Rumble, Twenty One, Nakamoto, and even the football club Paris Saint-Germain. A company in Germany is also investing in Bitcoin as part of its financial strategy: How a German company is following in the footsteps of MicroStrategy.
  • Are you convinced of Bitcoin's potential and want to take advantage of the price drop? You can do this, for example, via EU-regulated exchanges like Bitvavo. Currently, you can receive a welcome bonus of €20. All you have to do is verify your identity and deposit at least €20.
  • Why Saylor is the biggest threat to Bitcoin – at least that's what Prof. Co-Pierre Georg believes – you can hear here:

Recommended video: Why Michael Saylor is the biggest threat to Bitcoin

Sources

  • TradingView data
  • Press release


Eine Quelle: btc-echo.de

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