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Crypto

Saylor Revives MicroStrategy's Bitcoin Buying Spree

Guavy AI Editorial Team
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BTC
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MicroStrategy's Michael Saylor is back in the Bitcoin buying game after a ten-week pause. The company has added 4,603 BTC to its balance sheet at a cost of $370 million.

This purchase brings MicroStrategy's total Bitcoin holdings to 845,050 BTC, solidifying its position as the largest corporate holder of the asset.

The return to purchasing suggests that Saylor's accumulation strategy hasn't slowed down, despite choppier crypto conditions. This move may also serve as a vote of confidence for other firms considering adding Bitcoin to their treasuries.

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