Michael Saylor strikes again: purchasing Bitcoin worth 50 million US dollars. Michael Saylor has done it again. Strategy has acquired another 487 Bitcoins for nearly 49.9 million US dollars, paying an average price of 102,557 US dollars per coin between November 3 and November 9. This raises its total holdings to about 641,692 Bitcoins - worth nearly 68 billion US dollars at present. This represents nearly 3% of the total supply of Bitcoin held under one name. This move was not just a random purchase. It was funded through new perpetual preferred stock sales - STRK, STRC, STRF, and STRD - which are part of Saylor's growing "42/42" plan, now expanded to a capital raising goal of 84 billion US dollars by 2027. The goal is simple: raise funds, buy more Bitcoin, and repeat. With an average cost basis of about 74,079 US dollars per Bitcoin, Strategy now has approximately 20.5 billion US dollars in unrealized gains. Despite a decline in Strategy's stock price of about 47% since the summer, Saylor doesn't seem to care much. He is confident in the company's ability to withstand a 90% collapse in Bitcoin prices for years, thanks to its capital structure consisting of equity, preferred equity, and convertible debt. #Binancesquare #US-EUTradeAgreement #BNB