Michael Saylor Expands Bitcoin Holdings with $90M Purchase

Michael Saylor's strategy sees the acquisition of 1,142 BTC for $90 million, maintaining a significant position in Bitcoin despite underwhelming treasury values.

Michael Saylor’s investment strategy continues to gain momentum as he recently acquired an additional 1,142 BTC, totaling an investment of $90 million. This move underscores Saylor’s unwavering commitment to Bitcoin, even as the total value of his Bitcoin treasury remains below the original purchase cost.

Currently, Saylor’s holdings represent over 3.4% of the entire Bitcoin supply, which is capped at 21 million coins. With the current market valuation, these holdings are estimated to be around $49 billion, highlighting the significant impact of Saylor’s investment approach on the cryptocurrency ecosystem.