Strategy, Bitcoin adds 1.47 trillion won... Holdings surpass 780k coins

MicroStrategy(Strategy) continued to make additional purchases totaling 1 trillion won in scale despite Bitcoin(BTC) falling below its average buy-in price. Co-founder and Chairman Michael Saylor(Michael Saylor) continued the aggressive “Bitcoin accumulation” tone, attracting market attention.

According to reports on the 13th(local time) from CoinTelegraph, MicroStrategy bought 13,927 bitcoins between April 6 and 12 at an average price of $71,902, totaling about $1 billion. The funds for this purchase were raised through the issuance of market-priced STRC(ATM) by MicroStrategy.

As a result, MicroStrategy’s Bitcoin holdings increased to 780,897 coins. Based on current value, this is approximately $59.02 billion, representing about 3.9% of the circulating supply, maintaining its position as the largest publicly held Bitcoin entity in the world.

Notably, the timing of the buy-in is important. Since Bitcoin’s plunge in early February, the trading price has remained below MicroStrategy’s average buy-in price of $75,577. Currently, unrealized losses are about 6.3%, but Chairman Saylor has emphasized that as long as Bitcoin’s annual growth exceeds 2.05%, it is enough to cover its financing costs.

MicroStrategy’s actions indicate that even as the overall market turns bearish, large digital asset holders continue to accumulate. The largest Ethereum(ETH) holder, Bitmine(Bitmine), also added an additional 71,524 ETH in the past week, increasing its holdings to 4.87M ETH.

However, after Bitcoin reached a high point over the weekend, it retraced and has fallen to around $71,100. Whether the aggressive buying by large holders can support a short-term rebound or trigger more volatility in a bearish trend remains a key market focus in the near term.

Article summary by TokenPost.ai 🔎 Market Interpretation MicroStrategy continues large-scale Bitcoin purchases during price declines, reinforcing its “buy on dips” strategy. This indicates that institutional investors prioritize long-term value over short-term price movements.

💡 Strategy Highlights

• Continue buying below the average buy-in price → Maintain long-term holding strategy
• Ensure liquidity through ATM(stock issuance) → Raise funds for Bitcoin accumulation
• Maintain financial structure assuming 2.05% annual growth → Set a low return benchmark

📘 Terminology Explanation

• ATM issuance: A method of issuing stocks at any time in the market to raise funds
• Average buy-in price: The average purchase price used as a reference when assessing asset returns
• Unrealized loss: The paper loss incurred when the current price is below the purchase price

💡 Frequently Asked Questions (FAQ)

Q. Why does MicroStrategy continue to buy Bitcoin even when prices are falling? MicroStrategy views Bitcoin as a long-term store of value, focusing more on its long-term appreciation potential rather than short-term price declines. They see the below-average buy-in zone as an opportunity to increase holdings.
Q. How many Bitcoins does MicroStrategy hold? Currently, over 780k Bitcoins, about 3.9% of the total circulating supply, making it the largest publicly disclosed holder.
Q. What impact does this large-scale buying have on the market? Continuous institutional buying can provide downside support for the market and may send positive signals to other corporate investors. However, short-term price volatility may still be significant.

TP AI Notice: This article summary is generated based on the TokenPost.ai language model. It may omit main content or differ from actual facts.