Has Saylor’s Strategy bought #Bitcoin again?
Michael Saylor just posted ''Insufficient Orange.'' on X what indicates that Strategy bought Bitcoin again.
Saylor's last Bitcoin purchase came on April 14th when Michael Saylor's Strategy bought 3,459 Bitcoin worth $285.8 million.
Currently Strategy holds 531,644 Bitcoin acquired for an average of $35.92 billion at an average price of $67,556 per Bitcoin.
Bitwise CEO Hunter Horsley: 'Mainstream Era Has Started'
Bitwise Asset Management newly released Corporate #Bitcoin Adoption report for Q1 2025 highlights accelerating institutional interest.
The report shows that public companies collectively held 688,000 Bitcoin in the first quarter, representing a 16.11% increase over the previous quarter and accounting for 3.28% of Bitcoin’s fixed 21 million coin supply.
CEO Hunter Horsley posted on X this week:
''By the end of 2025 people are going to be surprised by how many famous tradfi institutions have crypto products and offerings. The work is underway. The mainstream era has started.''
UK investment firm Abraxas Capital purchases 2,949 #Bitcoin worth $250 million at an average price of $86,207 per BTC.
The company's investment came a few days after Michael Saylor's Strategy bought another $285 million worth of Bitcoin.
Abraxas has over $3 billion in assets under management.
Corporate Bitcoin adoption is ripping!

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