Saylor Buys Bitcoin, Holdings Exceed 800,000 BTC

Michael Saylor's MicroStrategy has purchased another 34,164 Bitcoin for $2.5 billion, pushing its total holdings past the 800,000 BTC mark. This substantial investment comes as global crypto funds experienced $1.4 billion in weekly inflows, indicating a renewed investor appetite for risk assets, according to CoinShares. The rebound in Bitcoin's price appears to be driving this increased interest. MicroStrategy's aggressive accumulation strategy highlights its unwavering belief in Bitcoin's potential as a store of value and a hedge against inflation.