MicroStrategy, Led by Michael Saylor, Buys 7,390 Bitcoins for $764.9 Million
The post MicroStrategy, Led by Michael Saylor, Buys 7,390 Bitcoins for $764.9 Million appeared on BitcoinEthereumNews.com. MicroStrategy Inc., led by Michael Saylor, has purchased an additional 7,390 Bitcoins between May 12 and May 18 at an average price of $103,498 per Bitcoin, totaling $764.9 million. This acquisition brings MicroStrategy’s total Bitcoin holdings to 576,230, which were acquired for approximately $40.18 billion at an average cost of $69,726 per Bitcoin. The company reported a Bitcoin yield of 16.3% year-to-date in 2025. This move reflects MicroStrategy’s ongoing strategy to increase its exposure to Bitcoin as part of its corporate treasury. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz. Source: https://thedefiant.io/news/markets/microstrategy-led-michael-saylor-buys-7390-bitcoins-764-9-million-3516b91f
The post MicroStrategy, Led by Michael Saylor, Buys 7,390 Bitcoins for $764.9 Million appeared on BitcoinEthereumNews.com.
MicroStrategy Inc., led by Michael Saylor, has purchased an additional 7,390 Bitcoins between May 12 and May 18 at an average price of $103,498 per Bitcoin, totaling $764.9 million. This acquisition brings MicroStrategy’s total Bitcoin holdings to 576,230, which were acquired for approximately $40.18 billion at an average cost of $69,726 per Bitcoin. The company reported a Bitcoin yield of 16.3% year-to-date in 2025. This move reflects MicroStrategy’s ongoing strategy to increase its exposure to Bitcoin as part of its corporate treasury. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz. Source: https://thedefiant.io/news/markets/microstrategy-led-michael-saylor-buys-7390-bitcoins-764-9-million-3516b91f
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