#SaylorBTCPurchase 🚀 Michael Saylor's Bitcoin Strategy: Nearing 500,000 BTC Milestone
Michael Saylor's firm, Strategy (formerly MicroStrategy), has recently acquired 130 BTC for approximately $10.7 million, marking its smallest purchase to date. This brings the company's total holdings to 499,226 BTC, acquired at an average price of around $66,360 per coin. Despite the modest size of this acquisition, it underscores Strategy's unwavering commitment to Bitcoin as a long-term asset.
Saylor's vision extends beyond corporate investment; he has proposed that the U.S. government accumulate up to 25% of Bitcoin's total supply by 2035. He believes this "Strategic Bitcoin Reserve" could generate between $16 trillion and $81 trillion for the U.S. Treasury by 2045, potentially easing national debt and solidifying economic resilience.
With Bitcoin's price experiencing volatility, Strategy's consistent acquisitions reflect a strategic bet on the cryptocurrency's future value. As the company approaches the 500,000 BTC milestone, it reinforces its position as the largest corporate holder of Bitcoin, signaling confidence in the digital asset's long-term potential.