#SaylorBTCPurchase
MicroStrategy, led by Bitcoin advocate Michael Saylor, holds **226,331 BTC** (worth ~$13.6B) as of June 2024, bought for ~$8.3B (~$36.8k avg). The company aggressively accumulates BTC as a treasury asset, funded via debt, stock sales, and cash. Recent 2024 purchases added **30,176 BTC** (~$2B), averaging ~$67k. Saylor champions Bitcoin as a superior inflation hedge and "digital gold," rejecting altcoins. MicroStrategy’s stock (**MSTR**) trades as a Bitcoin proxy. The firm plans to keep buying, betting on long-term BTC appreciation amid ETFs and institutional adoption