Michael Saylor’s Firm Buys 1045 Bitcoins for 110 Million Driving MSTR Stock Up
Strategy, formerly known as MicroStrategy, continues to dominate the Bitcoin market with another bold move. The company made its ninth consecutive weekly purchase, acquiring 1045 bitcoins valued at 110 million dollars. This latest addition increases its total holdings to an impressive 582,000 bitcoins. The total cost of Bitcoin for Strategy amounts to around 40.79 billion dollars, making it the largest publicly-traded company in terms of Bitcoin holdings. With these strategic expansions, Michael Saylor demonstrates confidence in Bitcoin’s future potential. Investors are closely watching MSTR stock as it reacts positively to this news, reflecting increased market interest in the crypto space.