Michael Saylor Doubles Down on Bitcoin: Strategy Purchases $830 Million Worth of BTC

Despite recent market volatility, prominent cryptocurrency investor Michael Saylor and his company, Strategy, have made a major commitment to Bitcoin. They’ve significantly increased their holdings by purchasing an additional $830 million worth of Bitcoin at an average price of $100K per coin, pushing their total BTC reserves to 649,870 coins. Saylor’s move stands in contrast to rumors that Strategy was selling its digital assets and signals the company’s unwavering belief in the long-term future of Bitcoin.