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Sailor continues to expand MicroStrategy's Bitcoin portfolio amid BTC growth
Michael Saylor and his company MicroStrategy have once again ramped up their Bitcoin purchases. This time, the corporation added 1,229 BTC to its crypto reserves, spending $108 million on the deal. The move proved profitable thanks to the dynamic movement of the main cryptocurrency, which is currently trading near $91.96K.
Accumulation Strategy Works
This size of purchase demonstrates that Saylor has no plans to revise his long-term course. MicroStrategy continues to steadily increase its Bitcoin holdings, positioning crypto assets as a key element of its corporate treasury. Each new deal reinforces the company’s status among the largest institutional investors holding substantial BTC reserves.
Strengthening the Leading Position
Michael Saylor’s wave of purchases is becoming a signal for the entire market. MicroStrategy remains one of the most active corporate participants in the Bitcoin space, and every action it takes is closely monitored by analysts and traders. Such behavior by a major player is often interpreted as a sign of confidence in the prospects of digital gold.