Michael Saylor's strategy expands Bitcoin holdings, but with a major shift

MicroStrategy, a microstrategy subsidiary of Michael Saylor, purchased an additional 525 bitcoins for $114,562 per piece for $60.2 million, bringing its total holdings to 638,985 bitcoins, an average of $73,913 per piece. The company has reached 25.9% in Bitcoin so far this year, reflecting its firm confidence in Bitcoin despite its recent criticism and being excluded from the S&P 500.