Michael Saylor’s Strategy Buys 3,273 Bitcoin As It Inches Closer To Its 1M Target

Michael Saylor, the executive chairman of Strategy, the largest publicly traded corporate holder of bitcoin, announced Monday on X the purchase of 3,273 bitcoin for roughly $255 million.

The purchase at an average price of $77,906 per bitcoin puts Strategy’s bitcoin treasury at 818.334, said Saylor.

Meanwhile, it’s worth noting that Strategy has achieved a BTC Yield of 9.6% in the year-to-date timeframe. As of April 26, the company holds 818,334 BTC, per the latest disclosure. The stack was acquired for $61.81 billion at an average price of $75,537 per BTC.

The Bitcoin treasury firm still maintains a lead against BlackRock, which holds 812,276 BTC in its IBIT ETF, per crypto tools for onchain tracking.

After the announcement, the MSTR stock saw a slight uptick of 0.55% to $171.96 in the pre-market trading session today before retreating to $169.20. Earlier, on Sunday, April 26, Saylor hinted at buying more Bitcoin with a post on social media with the popular ‘Orange Dots’ chart.

Source: X.com

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