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Michael Saylor’s Strategy buys 3,015 bitcoin for $204 million as total holdings top 720,000 BTC

The Block|James Hunt||1 views
Michael Saylor’s Strategy buys 3,015 bitcoin for $204 million as total holdings top 720,000 BTC
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🤖AI Summary

MicroStrategy purchased an additional 3,015 bitcoin for $204 million, bringing their total holdings to over 720,000 BTC. The company now owns more than 3.4% of the total 21 million bitcoin supply, with holdings valued at approximately $48 billion.

Key Takeaways
  • MicroStrategy acquired 3,015 bitcoin for $204 million in their latest purchase.
  • The company's total bitcoin holdings now exceed 720,000 BTC worth around $48 billion.
  • MicroStrategy owns more than 3.4% of the total 21 million bitcoin supply.
  • This represents one of the largest corporate bitcoin accumulation strategies in the market.
  • The purchase demonstrates continued institutional confidence in bitcoin as a treasury asset.
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