Saylor Buys the Dip: Strategy Scoops Up 1,045 Bitcoin for $110M
Michael Saylor is once again doubling down on Bitcoin. His firm, Strategy, added 1,045 BTC to its balance sheet last week, spending approximately $110.2 million at an average price of $105,426 per coin, according to a recent SEC filing.
The latest purchase brings Strategy’s total Bitcoin stash to 582,000 BTC, acquired at an average cost of $70,086. At current market prices, the holding is now worth over $62.5 billion—a staggering number that solidifies Strategy’s position as the world’s most aggressive corporate Bitcoin accumulator.
The buy was funded through the company’s preferred stock offerings under tickers STRK and STRF.
While Bitcoin remained relatively flat around $107K, shares of MSTR climbed nearly 2% in premarket trading, reflecting investor confidence in Saylor’s long-term conviction.
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