Michael Saylor’s Bitcoin Treasury Strategy Now Accounts for 3.2% of BTC Supply

Despite recent market dips, Michael Saylor's company, Strategy, has aggressively expanded its Bitcoin holdings, spending nearly $2 billion in the last two weeks alone. The firm now possesses 671,268 BTC, which equates to 3.2% of all Bitcoin expected to ever exist. Strategy's average purchase price is around $75,000 per BTC, with a total acquisition cost of $50 billion. This accumulation dwarfs other publicly traded holders, with Strategy owning 12 times the next largest holder. To mitigate concerns about selling BTC during market weakness, Strategy recently established a $1.44 billion cash reserve funded by stock sales. Saylor continues to advocate for Bitcoin as the foundation of a new digital capital era, contrasting it with traditional assets and highlighting how Strategy uses over-collateralized instruments like STRK and STRF to generate yield from its Bitcoin holdings.

(Source：Bitcoin Magazine)