Saturday, August 16, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Saylor’s Strategy Adds $1.9 Billion Worth Of Bitcoin To Growing Portfolio

by SB Crypto Guru News
April 1, 2025
in Bitcoin
Reading Time: 4 mins read
0 0
A A
0


Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

Michael Saylor’s firm, Strategy (previously known as MicroStrategy), announced a new Bitcoin (BTC) buy on Monday, March 31st of a significant $1.9 billion in BTC. 

This comes despite the market’s leading cryptocurrency’s recent challenges, having plummeted 25% from its all-time high in January of this year. Interestingly, this latest acquisition marks the largest in terms of tokens for Strategy in 2025. 

Strategy Boosts Bitcoin Holdings To $43.4 Billion

Since late October, Strategy has engaged in a series of nearly weekly purchases, bringing its total Bitcoin holdings to approximately $43.4 billion. Remarkably, this amount represents about 2.5% of the total 21 million Bitcoin that will ever be issued.

According to a recent filing with the US Securities and Exchange Commission (SEC), Strategy acquired 22,048 Bitcoin at an average price of roughly $86,969 each between March 24 and March 30. 

Related Reading

This purchase is part of a larger trend for the company, which has actively sought to bolster its Bitcoin reserves. In the first quarter alone, Strategy spent approximately $7.79 billion on Bitcoin, with the next largest acquisition earlier this year totaling 20,356 Bitcoin, announced on February 24.

To finance this latest purchase, Strategy utilized proceeds raised through its at-the-market sales program for common shares, as well as offerings of preferred shares. 

This financing approach has proven successful, as the common shares of Strategy have surged nearly 2,200% since Saylor began investing the company’s cash into Bitcoin in 2020. During the same timeframe, Bitcoin itself has seen an increase of over 600%.

Market Indicators Signal Potential BTC Recovery

Bitcoin, on the other hand, is currently attempting to consolidate above the critical support level of $80,000 after experiencing a decline toward $76,000 for the first time since November 2024. 

Despite this recent drop, indicators suggest potential for further price recovery in the near term. Recent research from analysis firm CryptoQuant highlights the significance of Binance’s spot trading volume in the cryptocurrency market. 

Notably, in early 2025, when Binance’s volume surpassed that of all other exchanges combined, Bitcoin was experiencing a surge toward new all-time highs of $109,000. 

The Binance vs. Other Exchanges BTC Spot Volume Delta indicator has turned positive again, indicating that Binance’s trading volume is consistently outpacing that of its competitors. 

Related Reading

The last time this trend was observed, BTC was trading around $42,000 before climbing to $73,000. Historically, periods of heightened Binance volume have been associated with bullish market sentiment, suggesting that traders may view Binance’s dominance as a positive signal for Bitcoin’s price trajectory.

It is also worth noting that at the beginning of 2024, Binance’s volume was reported to be 19 times greater than Coinbase’s. Although this disparity has decreased to eight times, it still highlights Binance’s significant leadership in the market.

According to CryptoQuant’s analysis, the ongoing strength of Binance as a trading platform will likely play a crucial role in shaping market dynamics as Bitcoin seeks to regain its footing above the $80,000 mark.

Bitcoin
The daily chart shows BTC’s price consolidation above $80,000. Source: BTCUSDT on TradingView.com

Featured image from DALL-E, chart from TradingView.com 



Source link

Tags: addsBillionBitcoinBitcoin NewsCrypto NewsCrypto UpdatesgrowingLatest News on CryptoPortfolioSaylorsSB Crypto Guru NewsStrategyworth
Previous Post

Peter Schiff Warns of Crisis Worse Than 2008 as Tariffs, Inflation, and Fed Policy Collide

Next Post

XRP Bulls Fight Back—Is a Major Move Coming?

Related Posts

Crypto Weekly Wrap: Bitcoin Hits 4K Before Inflation Data Sparks B Liquidation Frenzy

Crypto Weekly Wrap: Bitcoin Hits $124K Before Inflation Data Sparks $1B Liquidation Frenzy

by SB Crypto Guru News
August 16, 2025
0

The crypto economy ended the week slightly higher, rising from $3.97T to $4.04T, but the real story was the volatility...

Next Crypto to Explode as ETFs Have ‘Biggest Week Ever’

Next Crypto to Explode as ETFs Have ‘Biggest Week Ever’

by SB Crypto Guru News
August 16, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin and Ether ETFs make it big...

Ethereum Price Rejects at ATH as ETF Flows Reverse and SBET Drops

Ethereum Price Rejects at ATH as ETF Flows Reverse and SBET Drops

by SB Crypto Guru News
August 16, 2025
0

Ethereum’s rally stalled just 1.94% below its November 2021 all-time high of $4,878 before sellers forced a pullback. Now, ETH...

Bitcoin Data Shows Accumulation Prevails As LTH Selling Pressure Eases

Bitcoin Data Shows Accumulation Prevails As LTH Selling Pressure Eases

by SB Crypto Guru News
August 16, 2025
0

Bitcoin is trading at a decisive point after recently setting new all-time highs, but momentum appears to be shifting. Despite...

Moonbirds Jumps +1,300% In Monthly NFT Sales – Find Out Why

Moonbirds Jumps +1,300% In Monthly NFT Sales – Find Out Why

by SB Crypto Guru News
August 16, 2025
0

Moonbirds, one of the globally acknowledged non-fungible token collections, has recorded positive growth in recent days. In the past 30...

Load More
Next Post
XRP Bulls Fight Back—Is a Major Move Coming?

XRP Bulls Fight Back—Is a Major Move Coming?

Solana (SOL) Holds Steady After Decline—Breakout or More Downside?

Solana (SOL) Holds Steady After Decline—Breakout or More Downside?

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.