Michael Saylor’s Strategy Acquires $2.54 Billion in Bitcoin
- Strategy purchased 34,164 BTC for approximately $2.54 billion.
- The firm now holds a total of 815,061 BTC valued at $61.56 billion.
- The recent acquisition’s average price was $74,395 per Bitcoin.
- 86% of the funds came from STRC sales and the rest from MSTR stock sales.
This acquisition marks Strategy’s largest since a notable purchase of 55,000 BTC in November. As the world’s largest corporate holder of Bitcoin, Saylor emphasizes that Bitcoin is now viewed as digital capital rather than being subject to boom-and-bust cycles.
With Bitcoin currently trading at $75,655 and having gained nearly 5% over the past week, this strategic move reinforces Saylor’s belief in Bitcoin’s stability and growth potential. (Source)
