Michael Saylor's strategy approaches 3% of total Bitcoin
Between August 4 and 10, the strategy purchased 155 Bitcoin worth $18 million at a price of $116,401 each, raising its total holdings to 628,946 Bitcoin ($76 billion). This represents nearly 3% of the maximum supply of Bitcoin.
This purchase was financed through the sale of STRF and STRC shares, which is part of Saylor's plan to buy $84 billion worth of Bitcoin.
Average purchase price: $73,288 ← Unrealized gains: approximately $30 billion.
The net income for the second quarter reached a record $10 billion thanks to fair value accounting for Bitcoin.
Saylor says: "If you don't stop buying Bitcoin, you won't stop making profits".