🔔 Michael Saylor strengthens his position on Bitcoin with a new massive purchase
Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), announced the acquisition of 13,390 BTC for an amount of approximately $1.34 billion, at an average price of $99,856,547.35572496 per bitcoin. This operation brings the company's total holdings to 568,840 BTC, valued at over $39.41 billion.
This aggressive accumulation strategy underscores Saylor's conviction in the long-term potential of Bitcoin, despite market fluctuations. He recently stated that Strategy shareholders could "suffer" if the price of Bitcoin were to drop significantly for several years, thus acknowledging the risks associated with this approach.
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