Michael Saylor announced that STRC has reached an annualized run rate of $24 billion, according to BitcoinTreasuries.NET. The company plans to purchase Bitcoin at a rate two to three times the annual mining output. This year, STRC has already acquired $11 billion worth of Bitcoin, buying at twice the rate of miner production.
STRC's Annual Run Rate Hits $24 Billion, Plans Aggressive Bitcoin Purchases
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.