$SOL Michael Saylor's MicroStrategy has been actively purchasing Bitcoin, with recent buys indicating a strong bullish stance. Here are the key points ¹:

- *Recent Purchase*: MicroStrategy acquired 6,556 Bitcoin for $555.8 million, bringing its total holdings to 538,200 BTC valued at over $36 billion.

- *Average Purchase Price*: The company bought the recent batch of Bitcoin at an average price of $84,785 per coin.

- *Total Holdings Value*: MicroStrategy's total Bitcoin holdings are valued at over $36 billion, with an average purchase price of $67,766 per coin.

- *Future Plans*: The company aims to sell over $20 billion in shares to fund further Bitcoin purchases, indicating no signs of slowing down in its Bitcoin acquisition strategy.

Saylor's confidence in Bitcoin is evident, with his company now holding over 1% of all Bitcoin in circulation. This significant investment signals strong institutional interest and potentially drives market sentiment. Some predictions suggest Bitcoin could reach $92,000, fueled by growing hype around Saylor and increased derivatives market activity.

*Potential Price Targets:*

- *$88,000*: A breakout above this resistance level could confirm the next leg up.

- *$91,959*: The 1.272 Fibonacci extension level indicates potential upside.

- *$96,500*: Optimistic predictions point to a possible surge to this level.

Saylor's influence on Bitcoin's price movements is notable, with historical trends showing potential price surges following major buys. Will his strategy continue to shape market sentiment?