Michael Saylor, the executive chair of MicroStrategy, has announced that he will sell 315,000 $MTSR shares worth $215 million to buy more #Bitcoin .
MicroStrategy is the largest corporate holder of Bitcoin, with 174,530 #BTC bought at an average of about $30,252 per coin.
The company has been aggressively investing in #bitcoin since August 2020, making a significant initial investment of $250 million into BTC.
As of December 26, 2023, #CoinClub states that MicroStrategy held an aggregate of approximately 189,150 BTC, which were acquired at an aggregate purchase price of approximately $5.895 billion and an average inclusive of fees and expenses.