Michael Saylor Shares Update on MicroStrategy’s Bitcoin Holdings: No Purchases This Week

MicroStrategy founder, Michael Saylor, provided a rare update on the company’s Bitcoin holdings. He noted that the company hasn’t purchased any additional Bitcoin this week, referring to it as a reminder to hold long-term. The update comes with Microstrategy’s Bitcoin portfolio currently at 640,031 BTC with a value of $78.9 billion and an average acquisition cost of $73,983. This update follows the company’s recent trend of acquiring Bitcoin every week, but this week is notable as there were no acquisitions announced. Despite this, Saylor has consistently maintained his commitment to holding Bitcoin for the long term.