#SaylorBTCPurchase
Michael Saylor, through his company MicroStrategy, has been a major Bitcoin buyer, consistently adding to their holdings. They recently purchased 6,556 Bitcoin (BTC) for approximately US$555.8 million (Rp 9.35 triliun), bringing their total holdings to 538,200 BTC, according to a post on Instagram. This acquisition was made at an average price of US$84,785 per BTC. MicroStrategy's total accumulated Bitcoin holdings are valued at US$36.47 billion, with an average cumulative purchase price of US$67,766 per BTC.
Saylor, known as a Bitcoin "maximalist," believes Bitcoin is a valuable asset and a store of value, and has actively promoted its adoption. MicroStrategy's Bitcoin purchases have become a significant indicator of institutional interest in the cryptocurrency.