Saylor’s Strategy Boosts Bitcoin Holdings Past 815,000 BTC
Summary
Michael Saylor’s company, Strategy, has significantly expanded its digital asset portfolio by acquiring 34,164 Bitcoin for $2.54 billion between April 13 and April 19. This purchase brings the firm's total holdings to 815,061 BTC, which were acquired at a total cost of $61.56 billion. The acquisition was primarily funded through the company's perpetual preferred security, STRC, which accounted for approximately 85.7% of the total purchase amount, supplemented by sales of Class A common stock.
(Source:Cointelegraph)