#SaylorBTCPurchase Michael Saylor's company, Strategy, has once again proven its firm belief in Bitcoin. According to a recent filing, the company purchased 6,556 Bitcoins in just one week, worth $555.8 million. This acquisition took place between April 14 and 20, when Bitcoin was trading near $85,000. It clearly shows that the company sees Bitcoin as a long-term investment, even at higher prices. Strategy now holds a total of 538,200 Bitcoins, acquired at an overall cost of more than $36.5 billion. Interestingly, this purchase was funded by selling company shares, which means they are shifting capital from traditional investors into Bitcoin. This move is a strong signal of confidence in the crypto market.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.