Michael Saylor added 487 $BTC to its holdings last week at an average price of $102,557 per BTC, spending about $49.9 million in total.
With this purchase, Strategy's total Bitcoin holdings have increased to 641,692 BTC, acquired for approximately $47.54 billion at an average cost of $74,079 per Bitcoin.
This acquisition was funded through preferred stock sales without issuing new common shares, demonstrating Strategy's continued commitment to accumulating Bitcoin despite recent market conditions and stock price volatility.
The move makes Strategy the largest corporate holder of Bitcoin by a significant margin. 🤝
