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Bitcoin Acquisition: Saylor Buys 6,556 Coins

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
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