#SaylorBTCPurchase Michael Saylor's company, Strategy (formerly MicroStrategy), has been actively purchasing Bitcoin. Here are some key updates on their recent acquisitions ¹ ² ³:

- *Recent Purchase*: Strategy acquired 4,048 Bitcoin for $449.3 million between August 25 and August 29, with an average price of $110,981 per BTC. This purchase brought their total Bitcoin holdings to 636,505 BTC, valued at around $70 billion.

- *August Buys*: In August, Strategy purchased a total of 7,714 BTC, despite the price drop below $108,000. Other purchases in August included 3,081 BTC for $356.87 million and smaller buys of 430 BTC and 155 BTC.

- *Funding Strategy*: MicroStrategy has used various methods to fund its Bitcoin purchases, including issuing convertible notes, equity offerings, and utilizing excess cash flow from its software business.

- *Market Impact*: Saylor's purchases often create anticipation and can positively influence market sentiment, signaling to investors that a major institutional player remains bullish on Bitcoin. His company's aggressive accumulation strategy has inspired other treasury firms to follow suit, with over $108 billion worth of Bitcoin held by public companies.

- *Future Plans*: Saylor has hinted at further Bitcoin buys, stating "Bitcoin is still on sale" on social media. This comment has historically preceded significant purchases, suggesting another acquisition may be on the horizon.