Michael Saylor says he is buying Bitcoin as Strategy tops 720K BTC
Summary
Michael Saylor, executive chairman and co-founder of Strategy, confirmed on Tuesday that he is personally buying Bitcoin, coinciding with the news that Strategy has increased its holdings to 720,737 BTC, valued at roughly $49 billion.
Strategy remains the world's largest corporate holder of Bitcoin, having recently acquired an additional 3,015 BTC last week. Saylor is a leading proponent of corporate adoption of the cryptocurrency, often characterizing Bitcoin as a superior monetary instrument and sharing updates on accumulation efforts.
The announcement occurred as Bitcoin rebounded above $68,500 after dipping below $66,500 earlier, showing a 7% gain over the preceding seven days.
(Source:Crypto Briefing)