Oh joy, Michael Saylor’s Strategy has expanded its Bitcoin holdings to a whopping 499,096 BTC with a $2 billion purchase, because who needs financial stability when you can buy more Bitcoin? 🤑
Major Bitcoin Acquisition
Strategy, formerly known as MicroStrategy, has solidified its position as one of the biggest Bitcoin holders globally, because who doesn’t love a good game of “keep up with the Saylor’s”? The company successfully completed a $2 billion stock offering, using the proceeds to purchase 20,356 BTC at an average price of $97,514 per Bitcoin. Yay, math!
The announcement was made by Executive Chairman Michael Saylor, who confirmed that the firm’s total Bitcoin holdings now stand at 499,096 BTC, acquired for approximately $33.1 billion at an average price of $66,357 per Bitcoin. That’s a lot of Bitcoin, folks!
Strategic Expansion Under the ’21/21′ Plan
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2025-02-25 19:02