#SaylorBTCPurchase

Michael Saylor, the founder of MicroStrategy, is known for being one of the largest institutional supporters of Bitcoin. His company repeatedly buys large amounts of BTC as part of its strategy to hedge against inflation and strengthen its balance sheet.

Latest purchase (as of June 2025):

🔹 Date: [Please confirm the exact date, but the last announced purchase was recent]

🔹 Quantity: MicroStrategy bought ~12,000 BTC

🔹 Total price: about $850 million

🔹 Average price per BTC: about $70,000

🔹 Total held: MicroStrategy now owns more than 240,000 BTC

🔹 Current Bitcoin value: between $66,000 to $70,000 (depending on market fluctuations)

Why are these purchases important?

They represent institutional confidence in Bitcoin as a long-term reserve asset.

They influence market sentiment and encourage other investors to buy.

They contribute to reducing the supply in the market, which could drive the price up in the long term.