#SaylorBTCPurchase
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Bitcoin: Michael Saylor buys an additional 1,895 BTC for Strategy
The greed for Bitcoin continues. It has become a habit: Michael Saylor's company Strategy (formerly MicroStrategy) continues to buy BTC
This time, it's a little less than 2,000 BTC that have been acquired by the company, for a total sum of 180 million dollars.
Strategy now holds more than 555,000 bitcoins, representing a latent gain of 14.4 billion dollars.
Strategy has strengthened its position as the largest institutional holder of bitcoins with the purchase of an additional 15,355 BTC, bringing the total to 553,555 BTC.
To finance these massive purchases, Strategy sold shares of MSTR and STRK, as part of an ambitious plan to raise 42 billion dollars.
The founder and executive chairman of the company, Michael Saylor, commented on this purchase on X, quoting Matt Odell: "Stay humble. Accumulate satoshis." The satoshis being the smallest units of measurement of bitcoin, equivalent to one hundred millionth of a bitcoin.
