Michael Saylor’s Strategy Inc. Invests $450 Million in Bitcoin

Michael Saylor, CEO of Strategy Inc., has significantly increased the company’s Bitcoin holdings by purchasing 397 Bitcoin worth approximately $450 million. This move reflects a strong belief in Bitcoin as a long-term investment and aligns with their existing strategy to hold significant amounts of BTC within their treasury. The purchase is expected to strengthen market confidence in Bitcoin, influencing its price floor and potentially impacting supply dynamics.