‘Still adding dots’: Michael Saylor’s Strategy buys another 1,587 bitcoin for $100 million as total holdings reach 846,842 BTC
The Block·
60-second summary
Michael Saylor's Strategy is acquiring another 1,587 bitcoin for $100 million, bringing total holdings to 846,842 BTC, accounting for over 4% of the 21 million bitcoin supply cap, valued at approximately $56 billion. This significant purchase underscores Saylor's continued commitment to accumulating bitcoin, potentially influencing market dynamics and reinforcing its position as a major player in the cryptocurrency landscape.
Strategy's total holdings account for more than 4% of the 21 million bitcoin supply cap — worth around $56 billion.