Michael Saylor announced that Strategy plans to purchase $70 billion worth of Bitcoin, aiming to hold a 7.5% share of the network. Saylor has discussed capping Bitcoin holdings at a certain network percentage to ensure sustainable growth, reinforcing the company’s strategic focus on Bitcoin as a primary treasury asset. This aligns with a broader trend of institutional investment in cryptocurrencies, which experts suggest could boost liquidity and stability in the crypto market.
Michael Saylor outlines Strategy’s $70B Bitcoin acquisition plan
