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Michael Saylor has probably spent more on bitcoin at this point than anyone else – and he’s still buying. The CEO of MicroStrategy, a publicly-traded business intelligence firm that now operates more like an unregistered bitcoin exchange-traded fund (ETF), started his BTC binge with the firm’s cash reserves in 2020 and hasn’t stopped. Sometimes he buys the dip, sometimes the local high, a sort of institutional-grade dollar cost averaging. To date, MicroStrategy has bought some 122,478 BTC (worth about $6 billion), and Saylor is still on the market.
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