Michael Saylor's Strategy added $75 million in bitcoin to holdings prior to last week's crash

Core Viewpoint - The company continues its strategy of acquiring bitcoin, albeit at a smaller scale recently, with a focus on long-term investment despite short-term price fluctuations [1][2][3] Group 1: Recent Purchases - The company purchased 855 bitcoin for $75.3 million, averaging $87,974 per bitcoin, funded through the sale of common stock [1] - This recent acquisition is relatively small compared to previous purchases, which have often been in the hundreds of millions or billions of dollars [2] Group 2: Total Holdings and Investment - The company's total bitcoin holdings now amount to 713,502 bitcoin, acquired for approximately $54.26 billion, averaging $76,052 per bitcoin [2] - The current trading price of bitcoin is just above $77,000, placing the company slightly above breakeven after 5.5 years of investment [3] Group 3: Market Reaction - The company's shares have decreased by 7.3% in premarket trading, reaching a multi-year low of $138.80 [3]

Michael Saylor's Strategy added $75 million in bitcoin to holdings prior to last week's crash - Reportify