Markets.News
Strategy, a tech firm led by Michael Saylot, reported a 13.7% Bitcoin yield in the year-to-date, equating to a gain of over 61,000 BTC (worth $5.8 billion). Using unofficial metrics, the company benchmarks its BTC buying success through Bitcoin yield and Bitcoin gain. It aims to achieve a Bitcoin yield of 25% and a BTC gain of $15 billion by 2025. In Q1 of 2025, they achieved an 11% yield and nearly 50,000 BTC gains. Strategy plans to offer $21 billion worth of stock to fund future BTC purchases. With a total of 550,000 BTC acquired since 2020 at an average price of $68,500 per Bitcoin, the firm's treasury surpasses $53 billion. The market value of Bitcoin holds potential risks for retail investors as institutional buying by firms like Strategy increases. Overall, public companies hold over $73 billion in Bitcoin, while Bitcoin ETFs and institutional funds hold around $128 billion. Shares of MSTR rose by 27%, reaching approximately $381, still below the November highs. (Word count: 156)