Michael Saylor’s approach was to buy a fresh batch of Bitcoin while cryptocurrency pushed above $ 100,000 last week.
Strategy obtained 13,390 bitcoin (Btc) For $ 1.34 billion between May 5 and May 11, the firm announced It was filled with the US Securities and Exchange Commission published on May 12.
The acquisition increased the total Bitcoin handling of the approach by 2.4% to a total of 568,840 BTC, earning approximately $ 39.4 billion at an average price of $ 69,287 per coin.
Newly announced purchases were made at an average price of $ 99,856 per BTC, which Bitcoin recovered the Psychological score of $ 100,000 on May 8.
The approach has achieved Bitcoin’s target yield
Following the acquisition, the strategy achieved 2025 Bitcoin’s target yield, co-founder Michael Saylor said in a post of May 12 at X.
The purchase brought the BTC’s yield of strategy – an indicator that represents the percentage change of ratio between its handles to the BTC and assumed to be melted sharing – up to 15.5%, Saylor said in a statement to X.
As previously mentioned, the approach aims to maintain the Bitcoin’s target yield to 15% For the whole 2025 after Posting a 74% BTC yield Last year.
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