Michael Saylor’s Bitcoin Strategy Buys Another $555 Million, Targets $42 Billion Holdings

Michael Saylor’s Strategy has made another significant move in its long-term Bitcoin investment strategy. In a week filled with market volatility, the company purchased an additional 6,556 bitcoins, bringing their total holdings to 538,200 BTC, according to recent SEC filings. This latest purchase was fueled by proceeds from Strategy’s Common ATM equity program and Series A perpetual convertible preferred stock sales, generating over $555 million in net proceeds during the acquisition period.