Michael Saylor's Microstrategy just purchased another $347m worth of Bitcoin in the last quarter.
That's another 12,333 bitcoin purchased for the company's treasury reserves.
Michael Saylor wants to acquire 'as much bitcoin as we can' with MicroStrategy poised to go on a buying spree
As of July 31st, the software company held 152,800 bitcoins, worth of about $4.5 billion.
It'll be an interesting strategy to see whether investors increasingly start to acquire stock in Microstrategy as a proxy for acquiring exposure to BTC - almost like an unofficial ETF.
The way Saylor is playing it, he'll either turn out to be the wealthiest person that's ever lived or not. The way the world economies are looking right now, it's hard to bet against this...
So when will Michael Saylor Stop Acquiring BTC...? Probably never!