#SaylorBTCPurchase

Michael Saylor is indeed serious about adding more Bitcoin to MicroStrategy's reserves.

In fact, he's been actively purchasing more Bitcoin, with recent acquisitions totaling 20,356 #BTC worth approximately $1.99 billion at an average price of $97,514 per coin. This brings MicroStrategy's total Bitcoin holdings to 499,096 BTC, valued at around $33.1 billion.

Saylor's strategy involves leveraging debt and equity raises to fund Bitcoin accumulation, betting on the asset's long-term appreciation. He's even proposed a Bitcoin strategic reserve plan to the US SEC, aiming to generate up to $81 trillion to ease the US debt crisis.

*Key Points about Michael Saylor's Bitcoin Strategy:*

- *Continuous Accumulation*: Saylor plans to continue buying Bitcoin, citing it as a good investment for the long term, likening it to investing in Manhattan real estate.

- *Leveraging Debt*: MicroStrategy uses convertible bonds and equities to raise capital for Bitcoin purchases, with a goal to raise $42 billion in new funding over the next three years.

- *Bitcoin Reserve Plan*: Saylor's proposal aims to address the US national debt crisis by generating wealth through Bitcoin reserves