#SaylorBTCPurchase $BTC
Michael Saylor's company, Strategy (formerly MicroStrategy), continues its aggressive Bitcoin acquisition strategy, recently acquiring 15,355 BTC for approximately $1.42 billion between April 21 and 27, bringing its total holdings to 553,555 BTC, valued at around $53 billion.
Despite reporting its fifth consecutive quarterly loss, Strategy remains committed to expanding its Bitcoin holdings. The company announced a $21 billion equity offering to fund further acquisitions, aiming to leverage high investor demand and inflated stock valuations to purchase additional Bitcoin.
These strategic moves have drawn mixed reactions, with some investors expressing concerns about the company's concentrated position in Bitcoin. Nevertheless, Strategy's Bitcoin treasury operations have earned over $5 billion in US dollar gains.
For those interested in tracking Strategy's Bitcoin holdings, the Saylor Tracker provides real-time updates on the company's portfolio. $BTC