#BitcoinRalliesOver5Percent


After selling 32 BTC, Michael Saylor buys back 1,550 BTC worth $101 million

Following reports of the previous sale of 32 BTC, Strategy founder Michael Saylor has announced the company's routine accumulation move again. Strategy (MSTR) officially increased their treasury Bitcoin holdings by purchasing 1,550 BTC, costing $101 million. This purchase confirms that the company's treasury operations continue to run consistently according to their initial plan.
​With this addition, the total Bitcoin reserves held by Strategy have now surpassed 845,256 BTC. With Bitcoin's current price around $63,000, the company continues to execute their routine purchases, with the corporate average cost recorded at $75,700. In addition to strengthening their crypto portfolio, Strategy also reported an increase in their cash reserves (USD Reserve) by $100 million, bringing the company's total cash reserves to $1 billion.
​This ongoing accumulation action demonstrates Strategy's consistency in fulfilling their role as the largest publicly-held Bitcoin holder. The decision to add at the current price level further reinforces the company's commitment to managing Bitcoin as a primary long-term cash reserve, regardless of market price fluctuations.
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Falcon_Official
· 2h ago
LFG 🔥
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MasterChuTheOldDemonMasterChu
· 4h ago
Just charge forward 👊
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MasterChuTheOldDemonMasterChu
· 4h ago
Steadfast HODL💎
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