Strategy, a prominent corporate bitcoin holder, has made significant strides in its ambitious capital raising plan, acquiring 218,887 bitcoins worth $20.5 billion since the third quarter. This brings their total bitcoin holdings to 471,107, representing approximately 2% of the total bitcoin supply. The company aims to raise $42 billion through securities issuance between 2025 and 2027, with the majority directed toward bitcoin purchases.
Strategy, the largest corporate holder of bitcoin, said it's almost halfway to its ambitious capital raising goal as it went on a buying spree throughout the postelection rally.said since the end of the third quarter it has acquired 218,887 bitcoins for $20.5 billion. Strategy currently holds 471,107 bitcoins on its balance sheet, about 2% of the total supply.
Strategy also introduced some new metrics to gauge its future performance. The first, BTC Gain, is the number of bitcoins the company has at the beginning of a period multiplied by the BTC Yield for the period. The second, BTC $Gain, takes the BTC Gain metric and translates its value into dollars based on the market price of bitcoin as 4 p.m. ET on the last day of the quarter, using the Coinbase exchange.
BITCOIN INVESTMENT STRATEGY CORPORATE HOLDINGS CAPITAL RAISING FINANCIAL MARKETS
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