#SaylorBTCPurchase

Latest Bitcoin Purchase by Michael Saylor

The company Strategy, led by Michael Saylor, announced the purchase of 6,556 Bitcoins at a total cost of $555 million, between April 14 and 20. This increase in Bitcoin purchases is in line with the company's strategy to increase its reserves of the digital currency, aiming to hold $42 billion in Bitcoin by the end of 2027¹

Deal Details

- Number of Bitcoins Purchased: 6,556

- Total Cost: $555 million

- Average Purchase Price: $84,785 per Bitcoin

- Total Bitcoin Held: 538,200 Bitcoins

- Total Value: Approximately $47 billion at current prices

Company Strategy

Strategy continues to implement its investment strategy focused on Bitcoin, relying on selling shares to raise the necessary funds for new purchases. Estimates suggest that the company now holds over 2.5% of the total Bitcoin supply.

Analysts' Predictions

Analysts expect the value of Bitcoin to continue rising, which could positively impact the company's strategy. With increasing institutional interest in Bitcoin, Strategy appears to be well-positioned to achieve its investment goals.