#SaylorBTCPurchase

Michael Saylor's MicroStrategy has been actively accumulating Bitcoin, with recent updates suggesting another potential purchase. Here's what's new.

- *Recent Purchase*: Strategy acquired 245 more Bitcoin worth $26 million, increasing its total holdings to 592,345 BTC, valued at approximately $41.9 billion.

- *Potential New Purchase*: Saylor hinted at another possible Bitcoin buy on June 22, sparking speculation about a potential price surge. His cryptic posts often precede major purchase announcements.

- *Market Impact*: Saylor's purchases have historically triggered bullish sentiment and short-term price increases in Bitcoin. A confirmed purchase could push prices past key resistance levels, like $63,000.

- *Bitcoin Holdings*: Strategy now controls around 592,100 BTC, representing about 2.8% of Bitcoin's total supply and making it the world's largest corporate holder of the asset.

- *Price Prediction*: Saylor predicts Bitcoin could reach $21 million in 21 years, although some analysts worry about the financial risks of his strategy for Strategy shareholders.

Saylor's confidence in Bitcoin's future is evident in his continued purchases, despite recent losses of $5.9 billion in the first quarter of 2025. His strategy involves using convertible debt to fund Bitcoin buys, which has raised concerns among critics like Jim Chanos.