Michael Saylor is loading up more Bitcoin, the executive chairman and co-founder of Strategy said Tuesday.
The statement came as Bitcoin bounced back from earlier losses that pushed it below $66,500. The digital asset was trading at about $68,500 at press time, up 7% in the last seven days, CoinGecko data shows.
Under Saylor’s leadership, Strategy has made Bitcoin a central pillar of its corporate strategy. The enterprise software company maintains its position as the largest corporate holder of Bitcoin globally
Following its disclosed acquisition of 3,015 BTC last week, Strategy now holds 720,737 BTC worth approximately $49 billion.
Saylor has emerged as one of the most prominent advocates for corporate adoption of the decentralized digital currency. His public endorsements are credited with influencing other major companies, including Tesla, to add Bitcoin to their balance sheets.
The executive has characterized Bitcoin as a superior monetary instrument and continued to share real-time updates on his personal and corporate accumulation activity.
Source: https://cryptobriefing.com/michael-saylor-bitcoin-strategy/
