Michael Saylor’s Firm Expands Its Bitcoin Portfolio – Now Holding Nearly Half a Million BTC Strategy, formerly known as MicroStrategy, continues its aggressive Bitcoin accumulation. Between March 10 and March 16, the company purchased an additional 130 BTC for a total of $10.7 million. This latest acquisition brings Strategy’s total Bitcoin holdings to 499,226 BTC, which at current market prices is valued at approximately $41.6 billion. Michael Saylor’s Firm Increases Bitcoin Reserves to 499,000 BTC 📌 According to the latest SEC filing, the company funded this Bitcoin purchase by selling its Series A preferred stock (STRK Shares). A total of 123,000 shares were sold, generating $10.7 million in net proceeds. Notably, no Class A common stock was sold during this transaction, indicating that Strategy aims to expand its Bitcoin holdings without affecting its primary equity structure. 💡 With this latest addition, Strategy now holds Bitcoin worth over $41.6 billion. 🔹 The company’s average purchase price across all acquisitions stands at $66,360 per BTC (including fees and expenses). Michael Saylor Remains a Strong Bitcoin Advocate Michael Saylor, co-founder and Executive Chairman of Strategy, continues to view Bitcoin as a long-term investment and store of value. 📉 Not everyone shares his optimism—critics, including Peter Schiff, argue that gold will eventually outperform Bitcoin as a more stable store of value. 💡 Schiff warned Saylor that Bitcoin’s decline relative to gold signals potential weakness in its ability to preserve wealth over time. 📊 Despite these debates, Saylor remains committed to building one of the largest corporate Bitcoin portfolios in the world.
#MichaelSaylor , #BTC , #CryptoMarket , #CryptoInvesting , #bitcoin
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“