BitcoinTreasuries.NET said in a post on X that SATA raised enough funds on Thursday to buy 429 BTC, with transaction volume reaching $50 million, the company’s highest single-day total this week. The same update said SATA has raised funds to purchase 1,084 BTC so far this week.
According to the figures cited in the post, that amount equals more than 5% of SATA’s total Bitcoin holdings accumulated over a four-day span. BitcoinTreasuries.NET also framed the pace in relative terms, saying it would be equivalent to Strategy buying 42,659 BTC in a single week.
The figures were attributed to BitcoinTreasuries.NET and were shared through its X account. No additional details on the fundraising structure or execution price were provided in the brief update cited by Odaily.
Odaily reported that BitcoinTreasuries.NET said in a post on X that SATA raised enough funds on Thursday to buy 429 BTC, with transaction volume reaching $50 million, its highest single-day total this week.
BitcoinTreasuries.NET added that SATA has raised funds to buy 1,084 BTC so far this week. According to the post, that represents more than 5% of SATA’s total holdings accumulated in four days. Using the same framing, the post said the pace would be equivalent to Strategy buying 42,659 BTC in one week.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
