The strategy added 13,390 Bitcoin for $ 1.34 billion, as the price has reached 100 thousand dollars

Update (May 12, 1:25 pm UTC): This article was updated to reflect that the strategy raised the Bitcoin return goal 2025 from 15 % to 25 % in early May.

Michael Sailor’s strategy bought a new bitcoin set, as the cryptocurrency paid more than $ 100,000 last week.

The strategy got 13390 Bitcoin (BTC) For $ 1.34 billion between May 5 and May 11, the company Declare In presenting it to the American Securities and Stock Exchange Committee published on May 12.

The acquisition increased from the total Bitcoin’s possessions by 2.4 % to a total of 568,840 BTC, which was obtained for about $ 39.4 billion at an average price of $ 69.287 per coin.

Recently announced purchases were performed at an average price of $ 99,856 per BTC, with Bitcoin Restore A psychological mark of $ 100,000 On May 8.

The strategy achieves its previous goal for Bitcoin

After the acquisition, the strategy fulfilled its previous goal of Bitcoin 2025.

Silor said in a statement on X.

As we mentioned earlier, the strategy was previously seeking to preserve Bitcoin return goal at 15 % For the entire 2025 yet BTC revenue by 74 % last year. The company has to lift The goal of the return to 25 % in May 2025.

Peter Chef expresses a dark prediction

Although The strategy that penetrates the goal of Bitcoin’s return by 15 %, some critics remained skeptical of the bacterium bought bought agenda of the company.

Peter Chef, the main critic of Bitcoin, jumped in the announcement of the purchase of Sailor on X, expecting some negative scenarios that are likely to arise from the consistent growth of the average BTC cost in the purchases of the strategy.

Related to: Metaplanet now holds Bitcoin more than Salvador

“You [your] Chef said in response to the participation of X from Silor, expecting that the next decrease in the BTC price “is likely to pay your average cost over $ 70,000.

“It is not a good idea to think about the amount of borrowing to buy bitcoin. When you sell, small paper losses will become huge real losses.”

Chef’s criticism comes a few days after the strategy announced plans to double the raising of the capital to 42 billion dollars of shares and $ 42 billion in offers with steady income to buy more bitcoin, According to To the May 1 statement.

While Chef is It is known for his inaccurate expectations for BitcoinAnd according to what was reported, some major encryption companies chose to distance themselves from the model of the aggressive bitcoin accumulation of the strategy.

According to a report issued by Bloomberg, Cryptocurrency Exchang Coinbase It is repeatedly considered an investment strategy in bitcoin Similar to the Silor strategy, but decided against it every time.

magazine: Adam Pak says that the Bitcoin price cycle is “10x”, but it will continue to exceed $ 100,000 decisively