Michael Saylor’s Bitcoin acquisition spree continues. On Friday, Strategy, formerly MicroStrategy, announced a fresh purchase of 20,356 BTC, spending approximately $1.99 billion at an average price of $97,514 per coin. The move strengthens the company’s position as the largest corporate holder of Bitcoin.

Michael Saylor's MicroStrategy has acquired 20,356 Bitcoin at an average price of $97,514 per coin. With backing from Robert Kiyosaki, the cryptocurrency is seen to have the potential to reach $13 million per unit.

Strategy founder Michael Saylor said at the annual CPAC conference that the U.S. should seek to stockpile 20% of the Bitcoin supply.

Michael Saylor predicts Bitcoin will reach $13 million by 2045, requiring a 29% annual return and a $280 trillion market cap. Can BTC absorb enough global wealth to make it possible?

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Strategy (MSTR), led by Michael Saylor, just made another bold move into Bitcoin, purchasing 20,356 BTC for $1.99 billion at an average price

Strategy, the self-styled Bitcoin treasury company that until recently was known as MicroStrategy, said it acquired $1.99 billion more of the cryptocurrency with the proceeds from last week’s convertible bond sale.

MicroStrategy disclosed in a form filed with the U.S. Securities and Exchange Commission that it had bought more than 20,000 digital tokens after a week without any purchases. The software company said it acquired 20,