As of the most recent update on March 18, 2024,#MichaelSaylor announced that MicroStrategy had purchased an additional 12,000 $BTC for $821.7 million, at an average price of $68,477 per Bitcoin.
This brought MicroStrategy's total holdings to 205,000 BTC, acquired for approximately $6.91 billion, at an average price of $33,706 per BTC.
Here’s the updated Binance Feed-style article with real figures:
March 18, 2024
Michael Saylor Buys More Bitcoin: MicroStrategy Adds 12,000 BTC at $68K
Michael Saylor, Executive Chairman of MicroStrategy, is once again making headlines in the crypto world. On March 18, 2024, he revealed that the company had acquired 12,000 BTC for approximately $821.7 million, at an average price of $68,477 per BTC.
This latest purchase brings MicroStrategy’s total Bitcoin holdings to a staggering 205,000 BTC, acquired at a total cost of $6.91 billion, with an average purchase price of $33,706 per coin.
Saylor’s Strategy:
Relentless BTC Accumulation
Since 2020, MicroStrategy has been aggressively accumulating Bitcoin, turning its treasury strategy into a crypto-powered model for modern finance. Whether the market is booming or dipping, Saylor stays the course.
> “$BTC is hope,”
Saylor has said;
“It’s the ultimate digital asset and the future of finance.”
His approach has turned MicroStrategy into the world’s largest corporate holder of Bitcoin — well ahead of any competitors.
The Bigger Picture:
Institutional Signal
This $821 million buy comes at a time when Bitcoin is hovering near all-time highs. Instead of waiting for a dip, MicroStrategy is buying into strength — a bold move that speaks to their confidence in BTC’s long-term potential.
Their holdings are now worth over $14 billion at current market prices — more than double their total investment.
Market Impact
Saylor’s consistent Bitcoin purchases have become market-moving events. Each new buy renews attention on institutional adoption and supports the bullish case for Bitcoin as a treasury reserve asset. With ETFs gaining traction and macro uncertainty rising, Saylor’s BTC thesis is resonating with more traditional players than ever.
Final Thoughts
MicroStrategy’s strategy is simple: accumulate and hold. No selling, no hedging — just long-term conviction in a digitally scarce asset.
Michael Saylor continues to lead the charge, and his latest 12,000 BTC purchase is another bold reminder that the institutional era of Bitcoin is well underway.
