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On April 1, 2025, Strategy (the new name for MicroStrategy) led by Michael Saylor continued to bolster its investments in Bitcoin. Between April 14 and 20, the company purchased 6,556 Bitcoins for a total value of $555.8 million, bringing its total holdings to 538,200 Bitcoins, equivalent to more than 2.5% of the total global supply of the digital currency.
The value of this holding is estimated at about $47 billion, as the company aims to reach a Bitcoin holding worth $42 billion by the end of 2027, regardless of market fluctuations.
The performance of the company's stock (MSTR) was positive, rising by 2.77% in pre-market trading, with the price of Bitcoin reaching $87,300.
Michael Saylor's strategy has influenced other companies, such as Upexi, which announced plans to build a reserve of Solana, resulting in a 335% increase in its stock in one day. #SaylorBTCPurchase $BTC