#SaylorBTCPurchase refers to the purchase of Bitcoin by **Michael Saylor**, the founder and former CEO of **MicroStrategy**, a software company that is one of the largest Bitcoin holders in the world.

### **Key Points:**

1. **MicroStrategy** has aggressively purchased BTC since 2020, totaling more than **214,000 BTC** (as of 2024).

2. **Saylor** is the main driver, believing BTC to be "**digital gold**" and a hedge against inflation.

3. Purchases were made through **corporate funding** (debt & equity), not Saylor's personal funds.

4. The average purchase price is around **$35,000 per BTC** (2020-2024).

### **Impact:**

- MicroStrategy becomes a **proxy for Bitcoin investment** in traditional markets.

- Saylor becomes the **spokesperson for BTC** on Wall Street.

- Criticism arises due to the volatility risk of BTC on the company’s balance sheet.

Saylor often states **"Bitcoin is the exit strategy"** from inflationary fiat currency.

My name is Haqi and I hate fiat. Thank you.