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Michael Saylor’s Strategy acquires $531M in Bitcoin, boosting holdings near 600,000 BTC

  • Michael Saylor’s Strategy acquired 4,980 BTC valued at $531.1 million, with an average purchase price of $106,801 per coin.
  • The company has spent around $42.4 billion on Bitcoin since it started accumulating the cryptocurrency, with a total holding of 597,325 BTC.
  • Strategy funded the recent purchase through ATM offerings, selling Class A common stock and preferred stock shares.
  • Strategy's year-to-date gain in Bitcoin is 85,871 BTC, with an expected goal of 25% yield by the end of 2025. The company has shown interest in potential future Bitcoin purchases.

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