Saylor's Strategy Acquires an Additional 3,459 Bitcoin Worth $286 Million

Unbothered by the global Trade War's macroeconomic uncertainty, the world's largest corporate Bitcoin holder continues its accumulation strategy. The firm, co-founded by Michael Saylor, announced a recent purchase of over 3,400 Bitcoin for close to $286 million, bringing its total Bitcoin holdings to 531,644 BTC, acquired at an average price of $67,556.

Despite a volatile stock price due to the Trade War, the company remains resilient with its dollar-cost-averaging strategy, spending $7.7 billion in the first quarter of the year to buy more Bitcoin. Although there were concerns that the company might have to sell some of its Bitcoin holdings due to price crashes, the recent recovery of Bitcoin and the company's stock suggests otherwise.