#SaylorBTCPurchase MicroStrategy, led by CEO Michael Saylor, has made headlines with its aggressive Bitcoin (BTC) acquisition strategy. Since August 2020, the company has consistently purchased BTC as part of its corporate treasury strategy, positioning itself as one of the largest institutional holders of Bitcoin.

As of early 2024, MicroStrategy holds over **190,000 BTC**, acquired at an average price of around **$31,000 per Bitcoin**, totaling nearly **$6 billion** in investments. The firm views Bitcoin as a superior store of value compared to cash, citing inflation risks and the digital asset’s long-term appreciation potential.

Saylor has been a vocal Bitcoin advocate, promoting its adoption among corporations and institutions. His strategy involves using debt and equity financing to fund purchases, including convertible notes and stock offerings. Despite market volatility, MicroStrategy has **held firm**, even buying more during price dips.

The company’s stock (**MSTR**) has become a **Bitcoin proxy**, often mirroring BTC’s price movements. While critics argue the strategy is risky, supporters praise Saylor’s conviction in Bitcoin’s future. With the 2024 halving and potential ETF approvals, MicroStrategy’s massive BTC holdings could see significant upside, reinforcing Saylor’s belief in Bitcoin as the ultimate **"digital gold."**