Michael Saylor Acquires $555.8 Million Worth of Bitcoin, Expanding Strategy Portfolio

MicroStrategy CEO and longtime Bitcoin advocate Michael Saylor has bolstered his company’s holdings by purchasing an additional 6,556 Bitcoin worth approximately $555.8 million between April 14 and April 20. This latest acquisition coincides with the cryptocurrency hitting a market price near the $85,000 mark, according to the company’s recent SEC filing. The purchase was made at an average price of $84,785 per Bitcoin.