Michael Saylor’s Strategy Acquires $837M in BTC, as Crypto Market Surpasses $295B and US Advances Crypto Legislation

In September, Michael Saylor’s Strategy acquired over 7,000 BTC, with total acquisitions worth $837 million. The total stablecoin market capitalization has crossed $295 billion, showing continued growth. The US saw advancements in crypto legislation in five states, with Wisconsin introducing a specific bill related to data centers and Bitcoin mining. The number of crypto millionaires globally has reached 241,700, with an increase of 40% year-on-year. Bitcoin ETFs saw inflows of $241 million, with BlackRock earning $260 million from its crypto ETF offerings. In the EU, opposition to the proposed Chat Control law has increased among member states, as only 12 now support it, down from 15 earlier.

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