Michael Saylor's Strategy Bolsters Bitcoin Holdings with $2.54 Billion Acquisition
Michael Saylor's Strategy Bolsters Bitcoin Holdings with $2.54 Billion Acquisition
Michael Saylor's firm, Strategy, has significantly expanded its Bitcoin portfolio with a recent acquisition of 34,164 BTC, valued at approximately $2.54 billion. This marks the company's third-largest Bitcoin purchase to date, bringing its total holdings to 815,061 BTC. The average acquisition price for this batch was $74,395 per Bitcoin, reinforcing the firm's long-term conviction in the digital asset.
Michael Saylor’s firm Strategy just completed its third-largest Bitcoin acquisition ever, buying up 34,164 BTC for approximately $2.54 billion. The company now owns 815,061 BTC acquired for $61.56 billion, at an average price of $75,527 per Bitcoin. The recent acquisition, priced at an average of $74,395 per Bitcoin, was Strategy’s largest since a 55,000 BTC purchase.