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Saylor’s Strategy Reloads With a New Multi-Billion-Dollar Bitcoin Purchase


Saylor’s Strategy Reloads With a New Multi-Billion-Dollar Bitcoin Purchase

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After weeks of modest buys and missed opportunities, the world’s largest corporate bitcoin holder returned with a major purchase of 24,869 BTC for $2.01 billion at an average price just under $81,000 per coin. This sizeable corporate treasury acquisition signals stronger institutional adoption, may tighten market supply and has positive market impact for bitcoin and the broader crypto ecosystem.

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After several weeks of modest bitcoin acquisitions and even a few missed opportunities, the world’s largest corporate holder of the asset has returned with full force.

Michael Saylor’s NASDAQ-listed business intelligence software just announced buying 24,869 BTC for a whopping $2.01 billion at an average price of just shy of $81,000 per unit.

Read the article at CryptoPotato

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In This News

Coins

$ 64.23K

+0.04%

$ 0.00182

Predictions Markets

See what traders are focused on

View analytics →
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