Ah, behold! The grand spectacle of Strategy, that most audacious of Bitcoin treasuries, hath once again flexed its pecuniary muscles, adding a modest $22.1 million in Bitcoin to its ever-growing coffers. 🧐✨
Strategy’s Insatiable Appetite for Bitcoin Continues!
As is the custom of our dear Chairman Michael Saylor, he didst take to the digital town square on Sunday, proclaiming with a flourish, “Always ₿e Stacking,” and lo! On Monday, the purchase was sealed. 🕵️♂️📜
According to Saylor’s missive on the platform X, the acquisition involved a mere 196 BTC, purchased at the princely sum of $113,048 per token. A trifle, you say? Indeed, ’tis the smallest purchase since August 11th, when Strategy acquired but 155 BTC for $18 million. A drop in the ocean, yet still a drop! 🌊💰
This latest endeavor occurred betwixt September 22nd and 28th, as duly recorded in the annals of the US Securities and Exchange Commission. The funds, you ask? Procured through the sale of STRF, STRD, and MSTR at-the-market stock offerings. A clever maneuver, indeed! 🧙♂️📈
With this addition, Strategy hath surpassed the 640,000 milestone, now boasting a total of 640,031 BTC. Their average cost basis per token? A mere $73,983, with a total investment of $47.35 billion. A fortune fit for a king, or at least a very wealthy merchant! 👑💼
Though Bitcoin hath experienced a recent pullback, Strategy’s holdings remain in a state of healthy unrealized profit, exceeding 54%, valued at approximately $73 billion. A tidy sum, would you not agree? 📉📈
Yet, while Strategy persists in its acquisitive ways, other grandees of the BTC network have grown timid. As the sage IT Tech of CryptoQuant hath observed, the Bitcoin whales-those leviathans holding more than 1,000 BTC-have significantly reduced their holdings in recent weeks. 🐳🚫
From the chart above, ’tis clear that these whales saw their holdings swell until August, only to reverse course and begin selling. The 30-day change in their holdings hath remained negative, signaling a continued distribution. In total, they have shed over 300,000 BTC, worth a staggering $34.2 billion. “A supply overhang,” quoth the analyst, with a dramatic flourish. 📉📊
Even Strategy, perhaps Bitcoin’s most steadfast buyer, hath seen its purchases diminish in scale. Its recent acquisitions are but shadows of the grand buys from earlier in the year. This slowdown in accumulation may well be the cause of BTC’s recent headwinds. 🌀💨
BTC Price
Bitcoin, ever the tempestuous lover, hath begun Monday with a valiant attempt at recovery, its price reaching the $114,000 level following a surge of more than 3.5% over the past day. Will it hold? Only time will tell. ⏳📈
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2025-09-30 13:14