Michael Saylor recently posted an announcement that his company is continuing to buy more BTC, drawing attention from the community.
Strategy, the world's largest Bitcoin holder, announced on Monday that it has added 1,287 BTC, worth approximately $116 million, to its portfolio.
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Notably, this marks the 48th consecutive time Strategy has increased its Bitcoin holdings. Most recently, the company completed a Bitcoin purchase worth approximately $108.8 million.
Recently, Michael Saylor, Executive Chairman of Strategy, Chia on Fox Business that he is completely unconcerned about the current volatility of Bitcoin. According to Saylor, his business “can withstand an 80%–90% drop in Bitcoin” and still continue to operate normally. This view demonstrates MicroStrategy's strong belief in the long-term value of BTC, especially given that the company holds the largest Bitcoin holdings among publicly listed corporations globally.
