Michael Saylor's Strategy added 13,927 BTC between April 6 and April 12 at an average price of $71,902 per coin, funded entirely through preferred stock sales. Total holdings now sit at 780,897 BTC, acquired for roughly $59 billion.
The company is targeting 1 million BTC by year end and still has nearly $49 billion in authorized stock sales left to fund it. With BTC trading around $74,500 today, Saylor is back in profit on his overall position for the first time since February.
That's $49 billion in dry powder pointed at one asset. Hard to ignore that kind of single-direction conviction.
Strategy Bought $1 Billion in Bitcoin Last Week, Now Holds 780,897 BTC
Michael Saylor's Strategy added 13,927 BTC for $1 billion last week at an average price of $71,902. Total holdings now at 780,897 BTC, targeting 1 million by year end.
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