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Michael Saylor’s Strategy Acquires 1,895 Bitcoin For $180 Million

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Michael Saylor's Strategy Acquires X Bitcoin

Michael Saylor’s Strategy, previously known as MicroStrategy, has made another Bitcoin purchase. This time, the firm has acquired 1,895 BTC for $180 million, bringing its total Bitcoin holdings to 555,450 BTC.

Michael Saylor’s Strategy Purchases 1,895 Bitcoin

In a press release, Strategy announced that it had acquired 1,895 BTC for $180.3 million at an average price of $95,167 per bitcoin. The company has also achieved a BTC yield of 14.0% year-to-date (YTD). Meanwhile, MicroStrategy now holds 555,450 BTC, which it acquired for $38.08 billion at an average price of $68,550 per Bitcoin.

This development comes days after the company announced plans to raise $84 billion for Bitcoin purchases. The firm is already the public company with the largest Bitcoin holdings, way ahead of the second-placed Mara Holdings.

The post Michael Saylor’s Strategy Acquires 1,895 Bitcoin For $180 Million appeared first on CoinGape.

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