#SaylorBTCPurchase Michael Saylor can't stop! 🔥 While many are still digesting the halving, Strategy, his company, has just made another master move: bought 6,556 Bitcoin between April 14 and April 20 for no less than USD 555.8 million 🏦💸
What was the average price per BTC? USD 84,785. Yes, almost touching crypto heaven ⛅️⚡️
With this move, the company reaches the monstrous sum of 538,200 BTC in its wallet 🐳, purchased at an average price of USD 67,766 per unit. That totals an investment of about 36.5 billion dollars.
Risky strategy or long-term vision? You decide... 🧐
🤔💰 And how did they pay this time?
Strategy spared no resources and sold 1,755,000 common shares for USD 547.7M, in addition to 91,213 Series A preferred shares that added another USD 7.8M. All to keep accumulating satoshis like there’s no tomorrow 🌕📈
Interestingly, this purchase comes after a brief pause. The last time they bought was on April 14, with 3,459 BTC. Before that, nothing since March 31! Were they waiting for a dip or just reloading their weapons? 🧾