Michael Saylor, co-founder of "Strategy," a company specializing in Bitcoin asset management, posted the company's Bitcoin accumulation plan on Sunday, commenting "Start of the Second Century," a phrase typically used before announcing new purchases. This post came at a time when Bitcoin was hovering around $66,000.


The last confirmed purchase by "Strategy" was during the last week of February, when they acquired 3,015 Bitcoins for over $204 million, bringing their total holdings to 720,737 Bitcoins. Based on prices around the time of publication, these holdings are valued at approximately $48.1 billion.

The current average purchase price of Bitcoin is about $75,985, according to SaylorTracker data, meaning the market price is below Strategy's cost basis. Additionally, Strategy's net market value (mNAV) has fallen below 1, indicating that its shares are trading
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