#SaylorBTCPurchase refers to the recent acquisitions of Bitcoin by Michael Saylor, CEO of MicroStrategy. In March 2024, the company purchased 9,245 BTC for $623 million, using funds from a convertible debt issuance and excess cash. Subsequently, between August and September of the same year, it acquired an additional 18,300 BTC for $1.1 billion, raising its holdings to over 244,000 BTC, approximately 1% of the total Bitcoin supply. These purchases consolidate MicroStrategy as the largest corporate holder of BTC and reinforce Saylor's vision of Bitcoin as a store of value.
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