BREAKING
259d 17h ago

BlockBeats News: Strategic BTC Investment Grows by 4,020 Coins, Achieving 16.8% Annualized Return

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On May 26, COINOTAG News reported that Strategy has further augmented its Bitcoin (BTC) portfolio by acquiring an additional 4,020 BTC at an average price of $106,237. This strategic move positions the company to leverage the ongoing market dynamics, contributing to a substantial annualized return rate of 16.8% on its BTC investments. The organization’s current total holdings have now reached 580,250 BTC, reflecting a remarkable total investment of approximately $40.61 billion, with an average cost per Bitcoin calculated at $69,979. As institutional interest in cryptocurrencies intensifies, this latest acquisition exemplifies a confident approach to navigating the complexities of the digital asset landscape.

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