Michael Saylor Acquires $217 Million Worth of Bitcoin, Expanding Strategy’s BTC Holdings

In a significant move for institutional investors, Michael Saylor, Executive Chairman of Strategy, has acquired 1,955 Bitcoins for approximately $217.4 million. This acquisition brings the company’s total holdings to 638,460 BTC, solidifying Strategy as the largest corporate Bitcoin holder globally. The purchase is part of a broader strategy to utilize Bitcoin as a reserve asset amid stable market conditions.