Michael Saylor Owns 3% of Total Bitcoin Supply with New $43.4M Buyout

Michael Saylor, the Chairman of the top Bitcoin ($BTC) treasury, Strategy, has gained another milestone in Bitcoin ($BTC) holdings. Hence, with the new buyout of $43.4M in Bitcoin ($BTC), Michael Saylor now holds a staggering 3.05% share of the total Bitcoin ($BTC) supply. As per Arkham Intelligence , a prominent blockchain intelligence platform, this milestone cements Strategy and Saylor’s position in the digital financial sector. Hence, while nearing the haunted season of ghosts this Halloween, this remarkable achievement highlights the firm belief of Saylor in the long-term growth of the leading crypto asset.

Strategy Buys $43.4M More in Bitcoin, Exceeding $BTC Holdings to 3.05% of Cumulative Supply

With the new purchase of up to $43.4M in Bitcoin ($BTC), the cumulative holdings of Strategy has jumped to a huge 640,808 $BTC. As a result of this, Michael Saylor now accounts for the 3.05% of the cumulative $BTC supply to ever exist. Parallel to this development, the top crypto asset is also experiencing a bullish setup on the charts while preparing for the next significant move in terms of price performance.

As per the historical market data, such bold decisions often take place at the times of increasing optimism. Keeping this in view, the new Bitcoin ($BTC) purchase is set to pave the way for new price hikes in anticipation of another wave of the wider institutional interest. Additionally, the rising geopolitical uncertainty and inflation are also contributing to the positive momentum of the leading crypto asset.

Saylor’s Becomes Bitcoin Beast as Personal Bitcoin Holdings Surge to 17,732 $BTC

In addition to this, Michael Saylor has also discussed his own Bitcoin ($BTC) holdings in a recent X post. He pointed out that his cumulative Bitcoin holdings have reached a notable 17,732 $BTC. The respective holdings account for a cumulative price of $9,882 on average. He added that, before the new Bitcoin buyout of Strategy, he informed the platform about his individual $BTC holdings.