MicroStrategy Nears 600K BTC as Buying Spree Continues

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MicroStrategy appears poised to extend its Bitcoin buying streak to eight consecutive weeks, based on executive chairman Michael Saylor’s latest social media activity.

The company’s May 26 purchase of 4,020 BTC ($427 million) brought its total holdings to 580,250 BTC – worth approximately $39.5 billion at current prices.

According to Bitcoin Treasuries data, this positions MicroStrategy as:

  • The largest corporate Bitcoin holder globally
  • Holding more BTC than the U.S. (215,000 BTC) and China (190,000 BTC) combined
  • Controlling about 2.76% of Bitcoin’s total circulating supply
Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.