#SaylorBTCPurchase | Michael Saylor buys Bitcoin again: $1.42 billion more
The executive chairman of Strategy (formerly MicroStrategy), Michael Saylor, has reaffirmed his confidence in Bitcoin with a new massive acquisition:
+15,355 BTC bought
Total value: $1.42 billion
Average price: $92,737 per BTC
With this purchase, Strategy now accumulates:
553,555 BTC — more than 2.6% of the total Bitcoin supply!
Why is it relevant?
• Reinforces the narrative of Bitcoin as an institutional store of value
• Strategy continues to invest, even after reporting accounting losses due to BTC volatility
• They announced a new stock issuance to continue buying more
Saylor does not sell. Saylor accumulates.
And institutions follow suit.
