Michael Saylor Hits 100 Bitcoin Buys—And He's Not Stopping Despite A $7 Billion Loss

MicroStrategy, led by Michael Saylor, has made its 100th Bitcoin purchase, buying 592 Bitcoins for $39.8 million, despite incurring a $7 billion loss. This move demonstrates Saylor's continued commitment to investing in Bitcoin. The company's persistent buying spree has significant implications for the cryptocurrency market and MicroStrategy's financials.