Michael Saylor's Firm Acquires Bitcoin Amid Last Week's Market Dip

In a strategic move during last week's crypto downturn, Michael Saylor's company purchased 1,142 bitcoins for approximately $90 million.

In a calculated response to the recent volatility in the cryptocurrency market, Michael Saylor's company made a notable acquisition of bitcoin. Over the course of the last week's market downturn, the firm secured 1,142 bitcoins, investing around $90 million in the process.

This purchase translates to an average cost of approximately $78,815 for each bitcoin acquired. Such a move reflects Saylor's ongoing commitment to digital assets, even amidst fluctuating prices.