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The business-intelligence company now trading under the shorthand “ Strategy ” disclosed in a United States Securities and Exchange Commission filing on 28 April that it had bought 15,355 bitcoin during the previous week for about $1.42 billion. At the prevailing market price of roughly $95,000 per coin, the firm’s treasury comes to 553,555 BTC, valued at just over $52 billion, or about £41.5 billion. Stock Sales and Preferred Shares According to the filing, the latest tranche was financed through two at-the-market programmes that sold ordinary shares and a 10 per cent Series A perpetual preferred line. The combined offerings have raised more than $21 billion since October 2024, leaving only a small allocation still available. Strategy said the average price paid for the fresh coins was $92,737, pushing its overall average purchase cost to $68,459. $MSTR has acquired 15,355 BTC for ~$1.42 billion at ~$92,737 per bitcoin and has achieved BTC Yield of 13.7% YTD 202...

Shiba Inu retirement planning has really fascinated many investors, especially as some of the early adopters have actually seen enormous returns on their investments. With cryptocurrency market volatility currently being a constant challenge for many people, understanding the initial investment that would have been needed to reach about $2 million today offers an interesting perspective on SHIB’s growth journey over time. Also Read: Pi Network Eyes $3 as Price Rebounds 28% Amid Token Unlock Buzz Unlocking Your SHIB Investment Potential for Retirement Amidst Market Volatility Source: Watcher Guru The $2,000 Path to Millions At Shiba Inu’s launch price of approximately $0.00000000051 per token, a mere $2,000 investment would have essentially purchased around 3.92 trillion SHIB tokens. This initial investment could now be worth about $2 million, which actually represents one of the most dramatic growth stories in crypto history that we’ve seen so far. Source: CoinCodex In...

In a move that continues to fortify Michael Saylor’s commitment to the leading crypto, Michael Saylor’s Strategy has announced a new $2 billion capital plan to buy more Bitcoin . The software technology firm announced the latest plan to offer $2 billion in convertible senior notes, with the funds from the purchase funding a new purchase of Bitcoin. Strategy most recently completed a purchase of $243M in Bitcoin. JUST IN: Michael Saylor's 'Strategy' to raise $2 billion to purchase more Bitcoin. — Watcher.Guru (@WatcherGuru) February 18, 2025 Since August 2020, the company has adopted a Bitcoin buying strategy. The asset’s unprecedented performance last year saw the move do wonders for Strategy (MSTR) stock, surging to an all-time high of $473 in November of last year. With BTC expected to have another dominant year in 2025, the company has shown no signs of slowing down its buying habits. In addition to the convertible senior notes, Strategy also expects to grant to the init...

Electric vehicle giant Tesla has transferred Bitcoin holdings worth over $765 million to unknown wallets, sparking speculation about Elon Musk’s crypto strategy. The electric vehicle maker moved its entire stash of 11,500 BTC on Oct. 15 in 26 transactions, the first activity from its crypto wallet since June 2022, according to Arkham Intelligence. Tesla, which was the fourth-largest corporate holder of Bitcoin among listed companies in the US, didn’t comment on why it moved the digital assets. Tesla’s tracked wallets now hold just $6.74 worth of Bitcoin.   TESLA JUST MOVED ANOTHER $260M BTC TOTAL MOVED: $760M pic.twitter.com/ukAcHW1EZC — Arkham (@ArkhamIntel) October 15, 2024 According to BitcoinTreasuries data, only MicroStrategy (MSTR), Marathon Digital (MARA), and Riot Platforms (RIOT) have larger BTC stockpiles than Tesla. Tesla made headlines in February 2021 when it announced a $1.5 billion investment in Bitcoin (BTC). Since then, the ma...

The European Union is advancing a strategy to lead in developing virtual worlds, aiming to strengthen EU businesses and lessen reliance on non-EU technological resources. European Union (EU) lawmakers are advocating for the EU to pioneer the development of virtual worlds, aiming to bolster EU businesses and reduce technological dependency on non-EU countries. This initiative, stemming from a vote by the European Parliament’s Committee on internal market and consumer protection, underlines a strategic shift towards embracing the metaverse as a significant component of Europe’s digital future. EU Rapporteur Pablo Arias Echeverría’s statement encapsulates the urgency and ambition of this strategy. He underscores the necessity for Europe to not only participate in but lead the next digital revolution. Echeverría’s emphasis on avoiding past errors and establishing a foundation based on EU digital rules, principles and values, places a clear focus on a Europe-cen...

As Texas baked in the sun, Riot Platforms received two types of monetary credit for being attentive to the grid’s power needs. Bitcoin miner Riot Platforms mined fewer Bitcoin in August than July but received over $31 million in power credits. That is the equivalent of around 1,136 Bitcoin (BTC), CEO Jason Les pointed out in a statement. Riot received an estimated $24.2 million in power curtailment credits under its contract with Texas grid operator Electric Reliability Council of Texas (ERCOT) and $7.4 million from ERCOT’s demand response program. Those monthly credits are greater than the credits the company received for all of 2022, Les said. Riot Platforms mining statistics for August. Source: Riot Platforms According to a presentation released by Riot on Sept. 6, the company’s power strategy is based on three mechanisms, and all depend on its long-term ERCOT contract. Power credits are received when the company curtails operations and returns power to ERCOT when the price of el...