Michael Saylor's Strategy Purchases $1 Billion Worth of Bitcoin at $71,902 per BTC
Michael Saylor's Strategy has purchased 13,927 bitcoin for $1 billion, averaging $71,902 per BTC. The firm now holds 780,897 bitcoin with an average purchase price of $75,577 per BTC. The purchase was funded by proceeds from the sale of preferred stock.
Topics: Bitcoin Corporate Finance Investment Strategy Stock Issuance