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Michael Saylor’s Strategy Makes $427 Million Bitcoin Buy, Adding Another 4,020 BTC To Corporate Coffers

  • Michael Saylor's company, Strategy, continues its Bitcoin accumulation strategy by adding 4,020 BTC, totaling 580,250 BTC held.
  • The recent purchase of BTC amounted to over $427.1 million at an average price of $106,237 per coin.
  • The total value of Strategy's Bitcoin holdings now exceeds $63 billion, representing nearly 3% of the total Bitcoin supply.
  • The company funded the purchase through capital-raising mechanisms and faced a legal challenge regarding the disclosure of its Bitcoin investment strategy's profitability.

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