Michael Saylor’s Bitcoin average drops to $76,027 after $168.4M buy

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Michael Saylor’s average cost basis for Bitcoin has decreased to $76,027 following a recent purchase of $168.4 million, marking the first decline since 2023, according to Arkham data. Saylor has been a vocal advocate for Bitcoin, emphasizing its role as a hedge against inflation for corporate treasuries, and this recent acquisition reflects his ongoing commitment to reducing his average acquisition costs amid shifting market dynamics.

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