#SaylorBTCPurchase Michael Saylor's Strategy recently made a significant Bitcoin purchase, acquiring 6,556 BTC for approximately $555.8 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 the key details of the purchase¹ ²:

- *Average Price*: The average price per Bitcoin was $84,785.

- *Funding*: The purchase was funded through proceeds from Strategy's Common ATM equity offering and Series A perpetual convertible preferred stock offering.

- *Total Holdings*: Strategy now holds over 2.5% of the total Bitcoin supply.

- *Future Plans*: The company aims to accumulate $42 billion in Bitcoin by the end of 2027.

It's worth noting that despite the company's aggressive Bitcoin acquisition strategy, Strategy may need to sell some of its Bitcoin holdings to meet financial obligations, potentially below cost basis, due to its significant debt burden of $8 billion.³