Michael Saylor's MicroStrategy Buys $75M in Bitcoin Before Market Downturn

MicroStrategy, the business intelligence firm led by Bitcoin advocate Michael Saylor, has significantly increased its cryptocurrency holdings. The company purchased an additional $75 million worth of Bitcoin (BTC) just before the recent market correction. This strategic acquisition demonstrates MicroStrategy's continued confidence in Bitcoin as a long-term treasury reserve asset. Despite the subsequent price drop, the move highlights a proactive accumulation strategy, often referred to as "buying the dip" in advance. MicroStrategy remains the largest publicly-traded corporate holder of Bitcoin, with this latest buy adding to its substantial portfolio. Analysts view this as a strong signal of institutional commitment to the leading cryptocurrency, regardless of short-term volatility.