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Just caught that MicroStrategy dropped over $200 million on bitcoin recently. They grabbed 3,015 BTC at around $67,700 each to fund the purchase through stock sales. Pretty wild considering Michael Saylor has been consistently pushing this accumulation strategy for the company.
What's interesting is where they're at now - holding 720,737 bitcoin that cost them roughly $54.77 billion total. That's an average of about $75,985 per coin across their entire portfolio. Michael Saylor's bet on bitcoin as a corporate treasury asset is basically making MicroStrategy the biggest publicly traded bitcoin holder in the world.
BTC is trading around $73K right now, so they're sitting on some serious gains. The strategy seems to be working - every dip they buy more. It's a pretty aggressive play but shows real conviction from Michael Saylor and the team about where bitcoin is headed long-term.