The strategy expands Bitcoin Farms with a purchase of $ 10.7 million

Michael Sailor’s Bitcoin Corporate Tikon Strategy has gained 130 BTCs for about $ 10.7 million.

Strategy, previously known as Microstrategimoves forward to push his bitcoin (Btc) Bags up to 500,000 tags, buying 130 BTCs for $ 10.7 million.

In x announcement On Monday, March 17, the founder of the Michael Sailor strategy found that the public company based on Virginia was founded by 130 BTCs per BTC and the BTC yielded from 6.9% to this day.

With the latest purchase, the strategy now has 499,226 BTC, gained by over $ 33 billion averaged about $ 66,360 per BTC. Despite the announcement, the Strategy fork the share submitted 1% into the market in front of the market, according to NASDADA.

The purchase only comes a week after the strategy has announced plans to raise additional capital to finance Bitcoin’s purchases despite the recent infant market and macro uncertainty. As a cripto.news export Earlier, the company plans to collect $ 21 billion through his class on strike with suitable stocks until the firm strives to strengthen his investment portfolio.

According to a submission With the US Securities Commission and the exchange of US, the Strategy will use sales revenue for financing general corporate operations, which could include more Bitcoin.

Offering STK shares through market sales for sale on the existing program of banking capital for “21/21” maps, raising and investment $ 42 billion in BTC, sending the executive chairman Michael Sailor. In addition, the strategy can also make a purchase option for the overall elocating allocation if the strk value does not reduce 25% below its initial value in issuance.