#SaylorBTCPurchase
Michael Saylor’s company, Strategy (formerly MicroStrategy), recently purchased another 245 BTC (~$26 million) at an average price of ~$105,856—its smallest buy since March, bringing total holdings to $60 billion) . Funded via preferred share issuance, this reiterates Saylor’s “buy-the-top-forever” philosophy despite recent lawsuits over a $5.9 billion Q1 unrealized loss and volatility driven by geopolitical tensions .
The steady accumulation underlines corporate crypto confidence and reinforces bullish sentiment, helping Bitcoin bounce ~3.5% after geopolitical jitters . However, critics warn this high-price buying risks further pullbacks. Still, Strategy’s yield remains ~19.2% YTD, approaching its 25% target . Overall, Saylor’s moves boost market morale and institutional adoption, but the strategy’s reliance on continuous investor confidence and new capital raises carries risk.
$BTC $ETH $BNB
Michael Saylor’s company, Strategy (formerly MicroStrategy), recently purchased another 245 BTC (~$26 million) at an average price of ~$105,856—its smallest buy since March, bringing total holdings to $60 billion) . Funded via preferred share issuance, this reiterates Saylor’s “buy-the-top-forever” philosophy despite recent lawsuits over a $5.9 billion Q1 unrealized loss and volatility driven by geopolitical tensions .
The steady accumulation underlines corporate crypto confidence and reinforces bullish sentiment, helping Bitcoin bounce ~3.5% after geopolitical jitters . However, critics warn this high-price buying risks further pullbacks. Still, Strategy’s yield remains ~19.2% YTD, approaching its 25% target . Overall, Saylor’s moves boost market morale and institutional adoption, but the strategy’s reliance on continuous investor confidence and new capital raises carries risk.
$BTC $ETH $BNB
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