Michael Saylor Just Made a Wild $51M Bitcoin Bet as $BTC Price

Michael Saylor's Strategy, the world's largest corporate Bitcoin holder, isn't backing down. Even as Bitcoin's price hit new all-time highs only to pull back sharply, the company just added another $51.4 million worth of BTC to its balance.

In a recent filing with the SEC, Strategy confirmed it bought 430 Bitcoin last week. The timing is key: the purchase happened while $BTC was swinging wildly between $124,000 and $115,000. This brings the average price for this new batch to just under $120,000 per coin.

The move sent a clear message, echoing Saylor’s own words on X: "Volatility is a gift to the faithful." While others were panicking, Saylor was buying the dip.

This latest acquisition brings Strategy's total holdings to a staggering 629,376 BTC, purchased at an average price of $73,320. It's a textbook example of a high-conviction strategy, turning market chaos into a buying opportunity