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# **#SaylorBTCPurchases ** Explained
The hashtag **#SaylorBTCPurchases ** refers to **Michael Saylor**, Executive Chairman and Co-Founder of **MicroStrategy**, known for his bold and consistent Bitcoin (BTC) acquisitions.
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### 🧑💼 **Who is Michael Saylor?**
* Tech billionaire and entrepreneur
* Co-founded **MicroStrategy**, a top business intelligence firm
* A key figure in corporate Bitcoin advocacy
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### 💰 **What Does #SaylorBTCPurchase Represent?**
Since **August 2020**, Saylor has led MicroStrategy in converting large amounts of cash reserves into **Bitcoin** to hedge against inflation. Under his guidance, the firm has become the **biggest corporate BTC holder**, with every new buy making headlines.
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### 📊 **Major BTC Acquisitions:**
| 📅 Date | 🪙 BTC Bought | 💵 Cost Estimate |
| ------------------- | ---------------- | ------------------------- |
| Aug 2020 | 21,454 BTC | \$250 million |
| 2021–2024 (ongoing) | Over 200,000 BTC | Avg. price \~\$30k–\$40k |
| 2025 (latest) | 226,331+ BTC | Total cost around \$8.33B |
> As of mid-2025, MicroStrategy holds **more than 1% of Bitcoin’s total supply**.
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### 🔥 **Why It’s Important**
* Saylor's moves are widely viewed as **strong bullish signals**
* He positions Bitcoin as a **superior alternative to gold**
* Has played a major role in driving **corporate crypto adoption**
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### 🧠 **Saylor’s Viewpoint:**
> “Bitcoin is digital property… the most secure and desirable asset humanity has created.”
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### 🌍 **The Ripple Effect of #SaylorBTCPurchase**
* Influenced companies like Tesla and Square
* Helped make Bitcoin a legitimate corporate asset
* Strengthened long-term institutional trust in BTC
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Would you like a visual timeline or a quick summary of his most impactful Bitcoin quotes?