Michael Saylor's Strategy Bought Bitcoin (BTC) Again! Here's the Latest Purchase Amount

Strategy (formerly MicroStrategy), the world's largest institutional Bitcoin investor, announced that it purchased 390 Bitcoins between October 20-26, ￰0￱ Saylor's Strategy Buys 390 More Bitcoins Worth $43 Million According to a document filed with the ￰1￱ and Exchange Commission (SEC), the company made the purchase for $43.4 million at an average price of $111,117. With this latest purchase, Strategy's total Bitcoin holdings have increased to 640,808 ￰2￱ total cost of all the company's Bitcoin investments is $47.4 billion, with an average purchase price of $74,032. At current prices (around $115,000), the company's portfolio is valued at $74 billion, equivalent to more than 3% of Bitcoin's total ￰3￱ investments were funded with proceeds from the company's priority share issuance programs, STRK, STRF, and STRD.

Strategy's “42/42 Plan” aims to raise $84 billion in capital for Bitcoin acquisitions by ￰4￱ company's founder, Michael Saylor, gave a new buying signal by saying “It's orange dot day” in his post on the social media platform X. Strategy's shares rose 3.5% last week, with the company's aggressive Bitcoin strategy being considered one of the strongest examples of long-term crypto adoption among institutional investors. *This is not investment ￰5￱ Reading: Michael Saylor's Strategy Bought Bitcoin (BTC) Again! Here's the Latest Purchase Amount