#SaylorBTCPurchase Michael Saylor’s company, Strategy (formerly MicroStrategy), has made another significant Bitcoin acquisition, reinforcing its position as the largest corporate holder of BTC. 

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📈 Latest Bitcoin Purchase

• Acquisition Details: Between May 12 and May 18, 2025, Strategy acquired 7,390 BTC for approximately $764.9 million, at an average price of $103,498 per Bitcoin. 

• Total Holdings: This purchase brings Strategy’s total Bitcoin holdings to 576,230 BTC, valued at over $59 billion at current market prices. 

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⚖️ Legal Challenges

Concurrently, Strategy is facing a class-action lawsuit alleging securities law violations. The plaintiffs claim that the company and certain executives made false or misleading statements regarding the profitability of its Bitcoin investment strategy. Strategy has stated its intention to “vigorously defend against these claims.” 

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📊 Market Impact

• Stock Performance: Following the announcement, Strategy’s stock experienced a slight increase of 0.8%, contrasting with declines in other crypto-related stocks like Coinbase and Robinhood. 

• Bitcoin Price: Bitcoin is currently trading around $105,380, nearing its all-time high of approximately $109,000 reached in December 2024. 

Michael Saylor continues to advocate for Bitcoin as a strategic asset, emphasizing its potential to preserve shareholder value amid economic uncertainties. Despite legal challenges, Strategy’s unwavering commitment to Bitcoin underscores its belief in the cryptocurrency’s long-term value proposition.