3 months ago

Strategy's Investment Approach and Its Impact on the Bitcoin Market

In recent years, Bitcoin has become a significant asset in the portfolios of major corporations, and Strategy (formerly known as MicroStrategy) continues to set trends in the cryptocurrency market. In mid-March 2023, Strategy announced a new acquisition of bitcoins, once again drawing the attention of analysts and market participants.

Recent Bitcoin Acquisitions

From March 10th to 16th, Strategy purchased 130 bitcoins for a total of $10.7 million. The average purchase price per bitcoin was $82,981. This move is part of the company's ongoing strategy to accumulate crypto assets.

Bitcoin Holdings and Expenditures

As of March 16th, Strategy's portfolio includes:

1. 499,226 bitcoins: This is the current number of bitcoins owned by the company.

2. 2.52% of issuance: These bitcoins represent approximately 2.52% of the total current issuance.

3. Total investment: Since 2020, the company has invested $33.1 billion in these assets.

4. Average purchase price: The overall average acquisition cost is $66,360 per bitcoin.

Financing Through Convertible Bonds

The company's approach to raising funds through the issuance of convertible bonds is noteworthy. These financial instruments can be exchanged for Strategy shares with a high premium, reaching up to 40-50%. This makes the bonds attractive to investors anticipating a rise in share prices or using Bitcoin as a hedge against inflation.

Purchase Frequency and Future Plans

While Strategy is actively increasing its Bitcoin reserves, there was a pause in acquisitions at the end of February and the beginning of March. During this time, the company temporarily halted the purchase of new coins. The previous significant purchase occurred from February 17th to 23rd, when the company spent $1.99 billion to acquire 20,356 bitcoins, with an average price of $97,514 per bitcoin.

- Resumption of regular purchases: In March, the company resumed its strategy of steadily increasing its reserves.

- Stock stability and growth: Experts monitor how Strategy’s investments and financial instruments affect the company's stock performance.

Analysis of Further Impact

Strategy’s investment activity significantly influences the perception of Bitcoin in the corporate world, further promoting it as an asset for accumulation and protection against economic instability. This trend highlights the gradual yet confident shift from traditional investment methods to cryptocurrencies.

Strategy Bitcoin investments Bitcoin acquisition Convertible bonds Bitcoin price