‘Big dot energy’: Michael Saylor’s Strategy buys another 24,869 BTC for $2 billion as total holdings top 4% of bitcoin supply
Summary
Strategy, led by Michael Saylor, has acquired 24,869 additional bitcoin for approximately $2.01 billion, increasing its total treasury holdings to 843,738 BTC. This massive accumulation represents over 4% of the total 21 million bitcoin supply cap. The purchases were funded through the issuance of Class A common stock and STRC preferred stock, reflecting the company’s ongoing aggressive bitcoin acquisition strategy.
(Source:The Block)