#SaylorBTCPurchase
Michael Saylor, the Executive Chairman of Strategy (formerly MicroStrategy), has made headlines again with his latest **Bitcoin purchase**[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.binance.com/en/square/post/21998866151481?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1"). His company acquired **6,911 BTC** for **$584 million**, bringing its total holdings to over **500,000 BTC**—which accounts for approximately **2% of the global Bitcoin supply**[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.binance.com/en/square/post/21998866151481?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1").
Saylor's strategy has always been clear: accumulate Bitcoin during consolidation phases, hold through volatility, and capitalize on long-term exponential growth[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.binance.com/en/square/hashtag/SaylorBTCPurchase?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "2"). His recent purchase aligns with key technical indicators, suggesting a **strategic timing** rather than a random acquisition[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.binance.com/en/square/hashtag/SaylorBTCPurchase?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "2").
Additionally, Saylor has unveiled a **$21 billion Bitcoin purchase plan** amid recent market fluctuations[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.fxstreet.com/cryptocurrencies/news/saylor-unveils-21b-btc-purchase-plan-amid-market-crash-how-will-bitcoin-price-react-this-week-202503101849?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "3"). This move comes as Bitcoin traded as low as **$78,112**, down **8%** within the past 24 hours[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.fxstreet.com/cryptocurrencies/news/saylor-unveils-21b-btc-purchase-plan-amid-market-crash-how-will-bitcoin-price-react-this-week-202503101849?citation Marker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "3"). His company intends to use the funds for large-scale Bitcoin acquisitions and working capital.
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