#SaylorBTCPurchase

Michael Saylor's MicroStrategy recently made a significant Bitcoin purchase, acquiring 6,556 BTC for approximately $555 million between April 14 and 20. This brings their total Bitcoin holdings to 538,200 BTC, valued at around $47 billion at current market prices.

Here are some key details about the purchase ¹ ²:

- *Average Price*: The company bought the Bitcoin at an average price of $84,785 per coin.

- *Funding*: The purchase was funded through proceeds from selling 1.7 million MSTR shares and over 91,200 STRK shares, generating total net proceeds of over $555 million.

- *Future Plans*: MicroStrategy aims to hold $42 billion in Bitcoin by the end of 2027, regardless of market conditions.

- *Institutional Exposure*: Over 13,000 institutions now hold direct exposure to MicroStrategy, with 814,000 retail accounts holding MSTR shares directly and 55 million beneficiaries having indirect exposure through ETFs, mutual funds, pensions, and insurance portfolios.

This recent purchase marks MicroStrategy's second consecutive week of Bitcoin acquisitions, following a 3,459 BTC purchase for nearly $286 million ¹.