#SaylorBTCPurchase

Michael Saylor, the executive chairman of MicroStrategy ๐Ÿง‘โ€๐Ÿ’ผ, is one of the most prominent corporate advocates for Bitcoin โ‚ฟ. Since August 2020 ๐Ÿ“…, MicroStrategy has been purchasing Bitcoin as a treasury reserve asset ๐Ÿ’ผ๐Ÿ’ฐ. These acquisitions are often announced publicly ๐Ÿ“ฃ and highlighted by Saylor on social media, frequently using the hashtag #Bitcoin ๐Ÿš€. The community has also created #SaylorBTCPurchase to follow and discuss each buy ๐Ÿงต.

๐Ÿ”‘ Key Points:

๐Ÿ‘ค Who: Michael Saylor / MicroStrategy

๐Ÿช™ What: Buying Bitcoin as a treasury reserve

๐Ÿ’ญ Why: Hedge against inflation ๐Ÿ“‰ and belief in Bitcoin as a superior store of value ๐Ÿฆ

๐Ÿ“Š Impact: MicroStrategy is the largest publicly traded holder of BTC ๐Ÿข

๐Ÿท๏ธ Community Usage: Hashtag #SaylorBTCPurchas is used to track or react to new BTC buys ๐Ÿง ๐Ÿ’ฌ

$BTC