Michael Saylor’s Strategy Acquires 6,556 Bitcoin for $555 Million
- Saylor’s Strategy purchased 6,556 Bitcoin between April 14 and 20.
- The acquisition cost approximately $555 million at an average price of $84,785 per Bitcoin.
- The purchase was funded through equity offerings and share sales.
- Strategy aims to hold $42 billion in Bitcoin by the end of 2027.
- The company now holds 538,200 Bitcoin, over 2.5% of total BTC supply.
Michael Saylor’s Strategy has expanded its Bitcoin holdings with a recent purchase of 6,556 coins for $555 million. The firm plans to accumulate up to $42 billion in Bitcoin by the end of 2027.
Source (2.6)https://cryptobriefing.com/saylor-bitcoin-acquisition-strategy/?rand=59535