#SaylorBTCPurchase As of the latest updates, **Michael Saylor** and **MicroStrategy** have continued to aggressively accumulate Bitcoin (BTC). Here are the key details:

### **Latest Bitcoin Purchase (June 2024)**

- **MicroStrategy** purchased an additional **11,931 BTC** for **$786 million** at an average price of **~$65,883 per Bitcoin**.

- This acquisition was funded through **convertible notes** and **excess cash**.

- **Total BTC Holdings**: **226,331 BTC** (as of June 2024).

- **Average Purchase Price**: **~$36,798 per BTC** (total investment ~$8.33 billion).

### **Recent Developments**

- MicroStrategy remains the **largest corporate Bitcoin holder**, surpassing even some ETF funds.

- Saylor has reaffirmed his **long-term bullish stance** on Bitcoin, calling it "**the future of property**."

- The company continues to use **debt financing** (convertible notes) to fund BTC purchases.

### **Market Impact**

- Saylor’s moves are closely watched as a **proxy for institutional Bitcoin adoption**.

- MicroStrategy’s stock (**MSTR**) often moves in correlation with Bitcoin’s price.

Would you like deeper analysis on Saylor’s strategy or BTC price implications?