Michael Saylor Invests $2.54 Billion in Bitcoin, Raising Questions About Market Predictions
Michael Saylor's company, Strategy Inc., purchased 34,164 Bitcoin for $2.54 billion, marking its largest single-day Bitcoin acquisition. This purchase increased Strategy's total Bitcoin holdings to 815,061 BTC, valued at approximately $61.6 billion, surpassing BlackRock. The move comes amid criticism from Peter Schiff, who accused the company of fraud.
Topics: Bitcoin Corporate Investment Dividend Policy Legal Claims Market Reaction