#SaylorBTCPurchase

šŸ“¢ Michael Saylor's Strategy Buys More Bitcoin šŸšØ

Michael Saylor's company, Strategy, has purchased 6,556 BTC for approximately $555.8 million, bringing their total Bitcoin holdings to 538,200 BTC. The acquisition was funded through equity sales, raising $555.5 million. This latest purchase demonstrates Saylor's confidence in Bitcoin as a corporate reserve asset.

šŸ“£ Key Details:

- Total Holdings: 538,200 BTC

- Total Cost Basis: $36.47 billion

- Average Purchase Price: $67,766 per Bitcoin

Saylor's strategy has yielded significant returns, with an unrealized profit of over $10 billion. Despite some experts predicting potential losses, Strategy remains the largest corporate Bitcoin holder. Its aggressive buying spree reflects its long-term vision for the asset. With this purchase, Saylor solidifies his position as a major player in the Bitcoin market.