Michael Saylor Boosts Bitcoin Holdings to Over $60 Billion with Latest Acquisition

MicroStrategy CEO Michael Saylor significantly bolstered his company’s Bitcoin reserves, purchasing an additional $75 million worth of the cryptocurrency between May 26 and June 1 at a price average of $106,495 per coin. According to recent SEC filings, MicroStrategy now holds over 580,955 BTC, totaling approximately $60 billion, strategically purchased at an average cost of $70,023 per Bitcoin, reflecting its commitment to holding a substantial portion of the cryptocurrency’s supply. Saylor’s latest acquisition comes after several strategic purchases and highlights the company’s long-standing dedication to Bitcoin.