📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Despite the Stagnation in Bitcoin, 2 Billion Purchase from Strategy: Will It Rise? - Coin Bulletin
Strategy (MSTR), last week bought out 22,048 Bitcoin worth 1.92 billion dollars and increased its total BTC assets to 528,185.
The company continues to make Bitcoin purchases without slowing down and in its most recent purchase, it paid an average of $86,969 per Bitcoin. These purchases have significantly increased Strategy's total Bitcoin assets, bringing them to approximately $43 billion at the current market value. When including the company's previous investments, a total of $35.63 billion was spent on the Bitcoin held.
New Bitcoin purchases were financed with the funds from the company's 1.2 billion dollar stock issuance carried out in the week of March 30. Additionally, 18.52 million dollars was raised through the STRK preferred stock ATM, and 711.2 million dollars was obtained from the STRF preferred stock offering.
The Future of Bitcoin Investments
Strategy's Bitcoin investments stand out as an important part of the company's long-term strategy. Experts indicate that despite the price movements Bitcoin has been experiencing for a while, the recent purchase of Bitcoin at an average cost of 87 thousand dollars shows that the company is targeting the future. Considering the current prices, it is believed that these investments were made with an expectation of a rise in the future.
However, during pre-exchange trading hours, Strategy's shares lost value by 4%, while Bitcoin prices also experienced an approximate 3% drop.