#SaylorBTCPurchase
#SaylorBTCPurchase Michael Saylor's Strategy is on a Bitcoin buying spree again. Here are some key points about their recent purchases ¹ ² ³:
- *Recent Purchases*: Strategy bought 6,556 Bitcoin for $555 million between April 14 and 20, bringing their total holdings to 538,200 BTC, valued at around $47 billion.
- *Previous Purchases*: The company also acquired 3,459 Bitcoin for nearly $286 million between April 7 and 13, increasing its Bitcoin holdings to 531,644 BTC.
- *Current Holdings*: Strategy now holds over 2.5% of the total BTC supply and has unrealized gains of approximately $9 billion.
- *Future Plans*: The company aims to accumulate $42 billion in Bitcoin by the end of 2027 and has raised funds for these purchases through Common ATM equity offerings and Series A perpetual convertible preferred stock offerings.
- *Market Impact*: Saylor's purchases often precede significant market movements, and his hints at further purchases can boost Bitcoin's price.
Strategy's aggressive Bitcoin accumulation strategy has positioned it as a major player in the cryptocurrency market. Would you like to know more about Michael Saylor's investment strategies or the current Bitcoin market trends ¹ ²?