Monday is back with another surprise for Bitcoin enthusiasts! MicroStrategy, the company founded by Michael Saylor, is back on a spending spree by purchasing 15,400 BTC worth $1.5 billion. 🎉

- Adam Back, a Bitcoin enthusiast, praised the move, calling the average price of $95,976 a “great deal.”

- This is the third consecutive Monday that MicroStrategy has announced a major BTC purchase. Last week, they broke the record with 55,500 BTC!

- MicroStrategy’s total Bitcoin holdings now stand at 402,100 BTC, purchased at an average price of $58,263 per BTC.

With Bitcoin currently trading above $95,000, the value of this holding has skyrocketed to over $38 billion. Adam Back joked that “newbies” are selling their BTC to Saylor for under $100,000.

What do you think about MicroStrategy’s strategy? Let’s discuss in the comments!