CentBit.Online – Crypto & Blockchain Expert, Bangladesh
Michael Saylor’s firm Strategy has expanded its already massive Bitcoin holdings, purchasing 525 BTC for approximately $60.4 million, according to a statement shared with investors on Monday.
This latest buy underscores Saylor’s continued conviction in Bitcoin as a long-term store of value, even amid recent market volatility. Over the past several months, Strategy has been one of the most aggressive institutional buyers of Bitcoin, steadily adding to its reserves whenever opportunities arise.
The acquisition comes as Bitcoin trades around $114,000–$116,000, with analysts suggesting institutional demand remains a driving force behind the cryptocurrency’s resilience. Strategy’s consistent accumulation strategy signals strong confidence in Bitcoin’s future performance and its role as a hedge against inflation and monetary policy shifts.
Industry observers note that Saylor’s unwavering stance—frequently summarized in his public statements as “Bitcoin is money”—has influenced numerous corporations and investors to consider digital assets as part of their balance sheets.
