#SaylorBTCPurchase $BTC
Michael Saylor's Bitcoin purchase!
Michael Saylor, the CEO of MicroStrategy, has been a vocal supporter of Bitcoin and has made significant investments in the cryptocurrency. In August 2020, MicroStrategy announced that it had purchased approximately 21,454 Bitcoins for around $250 million.
Since then, the company has continued to accumulate Bitcoin, and as of March 2024, MicroStrategy's Bitcoin holdings stand at around 193,000 BTC, purchased for approximately $6.1 billion.
Saylor has been a strong advocate for Bitcoin as a store of value and a hedge against inflation. He believes that Bitcoin's scarcity, security, and growing adoption make it an attractive investment opportunity for companies and individuals alike.