Michael Saylor's Microstrategy just purchased another $347m worth of Bitcoin in the last quarter.
That's another 12,333 bitcoin purchased for the company's treasury reserves.
Michael Saylor wants to acquire 'as much bitcoin as we can' with MicroStrategy poised to go on a buying spree
As of July 31st, the software company held 152,800 bitcoins, worth of about $4.5 billion.
It'll be an interesting strategy to see whether investors increasingly start to acquire stock in Microstrategy as a proxy for acquiring exposure to BTC - almost like an unofficial ETF.
The way Saylor is playing it, he'll either turn out to be the wealthiest person that's ever lived or not. The way the world economies are looking right now, it's hard to bet against this...
So when will Michael Saylor Stop Acquiring BTC...? Probably never!
It’s going up forever, Laura
We see this man who is buying every time the pet comes down and has been doing it that way for a long time and doing it well from my city because in 2025 we will see a lot more. There is going to be a profit.
Michael Saylor is big!!!
Someone like me thought no one may want to buy so many BTCs because we have other altcoins but Michael Saylor proved me wrong...