#SaylorBTCPurchase Michael Saylor's MicroStrategy has been aggressively accumulating Bitcoin, with recent purchases and strategic investments. The important updates are as follows: - *Recent Purchase*: MicroStrategy acquired 245 additional Bitcoins for $26 million, averaging $105,856 per coin, bringing their total holdings to a significant amount.

- *Total Holdings*: The company now holds approximately 499,096 Bitcoins, valued at around $60 billion, with an average purchase price of $66,357 per coin.

- "Investment Strategy": Saylor's strategy is to buy and hold Bitcoin for a long time because he believes it is a better way to store value and protect against inflation. - *Market Impact*: Saylor's purchases often have a minimal effect on overall market volatility, but his commitment to Bitcoin has inspired many and contributed to the growing acceptance of cryptocurrency.

- *Future Plans*: MicroStrategy aims to raise up to $21 billion to fund further Bitcoin purchases, solidifying its position as a leading institutional investor in the cryptocurrency space.

Saylor's assertion that "Bitcoin is money" demonstrates his conviction regarding Bitcoin. "Everything else is credit," he said, emphasizing his belief in its potential as a medium of exchange and value store.