Michael Saylor's company, Strategy (formerly MicroStrategy), has been actively purchasing Bitcoin. In their latest acquisition, they bought 6,556 Bitcoin for $555.8 million, with an average price of $84,785 per coin.This purchase brings their total Bitcoin holdings to 538,200 BTC, valued at around $47 billion at current market prices.
Saylor's company has been consistently buying Bitcoin, with a total investment of around $36.5 billion at an average price of $67,766 per coin. They aim to hold $42 billion in Bitcoin by the end of 2027, regardless of market conditions.
It's worth noting that Saylor has also proposed a "Bitcoin Strategic Reserve" plan to the US Securities and Exchange Commission, which aims to generate up to $81 trillion in wealth for the US Treasury.
