Michael Saylor’s Firm Buys 850 More Bitcoin Worth $96M
Michael Saylor's company acquires 850 BTC for $96M, reaffirming its bullish stance on Bitcoin.
- MicroStrategy purchased 850 BTC for $96 million.
- The firm now holds over 158,000 BTC in total.
- Michael Saylor continues his aggressive Bitcoin accumulation.
Another Big Buy from Bitcoin’s Biggest Believer
Michael Saylor is doubling down—again. His company, MicroStrategy, has just announced the purchase of another 850 Bitcoin (BTC), spending a total of $96 million to add to its growing crypto reserves. This latest acquisition cements the firm’s status as the largest corporate holder of Bitcoin globally.
This purchase comes at a time when Bitcoin is hovering near recent highs, showing renewed strength in the market. With this addition, MicroStrategy’s total Bitcoin holdings now exceed 158,000 BTC, worth billions of dollars. Saylor’s strategy remains clear: buy Bitcoin aggressively, regardless of short-term market movements.
Why This Move Matters
MicroStrategy’s consistent Bitcoin purchases are more than just headline grabs—they reflect a broader conviction in BTC as a long-term store of value. Saylor, the company’s executive chairman, has long argued that Bitcoin is “digital gold” and a superior asset compared to fiat currencies, especially in times of inflation and economic uncertainty.
This latest $96 million investment is a continuation of a strategy that began in 2020, and it shows no signs of slowing down. While many institutional players remain cautious about digital assets, Saylor continues to lead with bold, high-stakes moves.
Institutional Confidence in Crypto Grows
Each new Bitcoin purchase by MicroStrategy sends a powerful message to both retail and institutional investors: confidence in Bitcoin is strong at the top. Saylor’s unwavering belief in BTC could inspire other corporations to consider allocating part of their treasury to crypto.
As regulatory clarity improves and global adoption rises, large-scale investments like this one reinforce Bitcoin’s legitimacy as a mainstream asset. Whether or not others follow Saylor’s lead, one thing is certain—he’s all in on Bitcoin.
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