Saylor’s MicroStrategy Buys the Dip with $740M Bitcoin Splurge

Even as Bitcoin retreated from its $122K peak last week, MicroStrategy went shopping—adding 6,220 BTC ($739.8M) to its massive stockpile.

The purchase, executed at an average of $118,940/BTC, demonstrates CEO Michael Saylor’s “buy high, buy higher” philosophy.

MicroStrategy now holds 607,770 BTC ($43.6B total spend) and has boosted its YTD yield to 20.8%, closing in on its 25% target.

True to form, the company treated Bitcoin’s 5% pullback as a discount rather than a warning sign.