Billionaire Michael Saylor continues to grow his Bitcoin holdings, acquiring 196 BTC for $22.1 million between September 22 and September 28. Strategy now holds a total of 640,031 BTC worth over $47 billion, with an average cost of $73,983 per coin. This move signals Strategy’s confidence in Bitcoin’s long-term potential amidst record-high valuations. The company’s aggressive acquisition strategy sets it apart in the corporate world, attracting attention from institutions and analysts. Saylor remains a vocal advocate for Bitcoin, emphasizing its value as a store of wealth and protection against inflation.

Read more at Yahoo Finance: Strategy Acquires 196 BTC for $22.1M, Boosting Holdings to 640K BTC