Saylor's Strategy Buys $101M in Bitcoin Amid Price Decline
Michael Saylor’s company, MicroStrategy (NASDAQ: MSTR), purchased 1,550 BTC worth approximately $101.3 million at an average price of $65,332 per coin between June 1 and June 7, following a recent Bitcoin sale that caused market volatility. The purchase was funded through its equity program and lifted total holdings to 845,256 BTC.
Topics: Bitcoin MSTR strategy stock price movement treasury activity