Michael Saylor Doubles Down on Bitcoin Investment with $84 Billion Strategy

MicroStrategy’s Michael Saylor is doubling down on his Bitcoin investment strategy, planning to invest an ambitious $84 billion into Bitcoin through a combination of equity and debt. The company, already holding 553,555 BTC worth $37.90 billion at an average price of $68,459, is set to capitalize further on the potential of crypto with this new strategy. To fuel these purchases, Strategy will raise $42 billion through equity issuance and another $42 billion through fixed-income instruments. 553,555 BTC purchased at an average price of $68,459 demonstrates its confidence in Bitcoin’s future.