$BTC

Latest Bitcoin Purchase by Michael Saylor

Strategy, led by Michael Saylor, announced the purchase of 6,556 Bitcoins at a total cost of $555 million, during the period from April 14 to April 20. This increase in Bitcoin purchases is part of the company's strategy to increase its reserves of the digital currency, aiming to hold $42 billion worth of Bitcoin by the end of 2027¹

Transaction Details

- Number of Bitcoins Purchased: 6,556

- Total Cost: $555 million

- Average Purchase Price: $84,785 per Bitcoin

- Total Bitcoins Held: 538,200 Bitcoins

- Total Value: Approximately $47 billion at current prices

Company Strategy

Strategy continues to implement its investment strategy focused on Bitcoin, relying on selling stocks to raise the necessary funds for new purchases. Estimates suggest that the company now holds more than 2.5% of the total Bitcoin supply.

Analyst Forecasts

Analysts expect the value of Bitcoin to continue rising, which could positively impact the company's strategy. With increasing institutional interest in Bitcoin, it appears that Strategy is well-positioned to achieve its investment goals.