#SaylorBTCPurchase MicroStrategy announced the purchase of an additional 10,100 Bitcoins worth $1.05 billion by June 15, 2025. This purchase increased the company's total Bitcoin holdings to approximately 592,100 Bitcoins, acquired at an average price of about $70,666 per Bitcoin😎😎.
This move is part of Saylor's ongoing strategy to convert MicroStrategy's treasury into Bitcoin reserves, and the company is considered a "proxy" for Bitcoin in the stock market. MicroStrategy financed these purchases through stock sales and debt financing, including the issuance of new preferred shares like STRD🤔🤔.
Saylor🤩🤩 is extremely optimistic about the future of Bitcoin, stating that "the crypto winter will not return" and that the price of Bitcoin will head towards a million dollars🤩🤩 in the long term. He also aims to increase the company's Bitcoin yield to 25% by the end of 2025😎😎.
Overall, MicroStrategy, under the leadership of Michael Saylor, continues to strengthen its position as the largest institutional holder of Bitcoin in the world, with clear plans to continue expanding its cryptocurrency holdings😇😇.