#SaylorBTCPurchase
### **About Saylor's BTC Purchases**
Are you asking about **Saylor and MicroStrategy's Bitcoin (BTC) purchases**?
### **MicroStrategy’s Bitcoin Investments**
Under the leadership of **Michael Saylor**, MicroStrategy (NASDAQ: MSTR) became the **first major public company** to aggressively invest in Bitcoin.
#### **Key Highlights**
1. **Total BTC Holdings** (as of June 2024):
- **226,331 BTC** (estimated value: **$15 billion**, at ~$66,000 per BTC)
- Bitcoin now makes up the **core part of MicroStrategy’s treasury reserves**.
2. **Purchases Timeline**:
- **August 2020**: First purchase of **$250 million worth of BTC**.
- Continued buying through 2024, taking advantage of price dips.
3. **Investment Strategy**:
- **Hedge against inflation** (protection from dollar devaluation).
- Views BTC as **"digital gold"** and a long-term corporate treasury asset.
4. **Market Impact**:
- MicroStrategy’s massive purchases **boosted BTC’s market confidence**.
- Inspired other companies (like Tesla, Square) to consider Bitcoin investments.
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### **Michael Saylor’s Views on Bitcoin**
- **"Bitcoin is the best way to preserve wealth."**
- **"I trust BTC more than the US dollar."**
- **MicroStrategy will continue holding BTC as a long-term investment.**
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### **What Else Should You Know?**
✅ **MicroStrategy has issued debt (loans & bonds) to fund BTC purchases.**
✅ **Saylor expects BTC’s price to rise post-2024 Halving.**
✅ **MicroStrategy’s stock (MSTR) is highly correlated with BTC, offering indirect exposure.** $BTC