#SaylorBTCPurchase

The term #SaylorBTCPurchase is making waves again after Michael Saylor’s company, Strategy (formerly MicroStrategy), made headlines with another massive Bitcoin acquisition. On March 31, the firm announced it had added 22,048 Bitcoin to its reserves, spending roughly $1.92 billion. This purchase, made between March 24 and March 30, came at an average price of $86,969 per Bitcoin. The funds for this acquisition were raised through various stock offerings under the tickers MSTR, STRK, and STRF. With this latest addition, Strategy holds a staggering 528,185 Bitcoin, worth around $35.63 billion. Since 2020, the company has been converting its balance sheet into Bitcoin, positioning itself as the largest corporate holder of the cryptocurrency. This move highlights Saylor’s continued commitment to Bitcoin as a long-term store of value and a hedge against inflation.
#SaylorBTCPurchas