Michael Saylor is leading the charge again as institutions are piling into Bitcoin

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City AM

By Darren Parkin Michael Saylor’s MicroStrategy bought 6,455 Bitcoins over the last five weeks, according to a recent filing with the US financial regulator, the SEC. The crypto purchases were made at an average price of about $23,238 per token, and totalled roughly $150 million. This latest spree takes the software company’s holdings up to 138,955 Bitcoins, according to media reports, at an average price of $29,817 each. MicroStrategy’s primary focus is on developing and selling software that enables companies to analyse and visualise large amounts of data, using tools such as dashboards and …

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