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Michael Saylor says he is buying Bitcoin as Strategy tops 720K BTC

Crypto Briefing
Michael Saylor announced he is currently buying Bitcoin as his company, Strategy, now holds over 720,000 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)