#SaylorBTCPurchase #SaylorBTCPurchase
✍ Between May 12 and 18, 2025, the company "Strategy", led by Michael Saylor, purchased 7,390 bitcoins for approximately $764.9 million, at an average price of $103,498 per coin.
With this purchase, the company now owns a total of 576,230 bitcoins, valued at over $59 billion based on current prices.
Additional details:
The purchases were financed through the issuance of "A" class shares and preferred bonds.
Despite the significant unrealized gains, the company faces a class-action lawsuit accusing it of failing to fully disclose the risks associated with bitcoin investments.
Michael Saylor remains one of the foremost advocates for bitcoin, considering it a superior asset compared to traditional assets.
However, he acknowledged that shareholders could face losses if bitcoin prices decline for an extended period.
✍️ Currently, bitcoin is trading at around $105,619, an increase of approximately 0.76% from the previous day.