As of March 23, 2025, Strategy (formerly MicroStrategy), under the leadership of Michael Saylor, holds approximately 506,137 Bitcoins. These were acquired at an aggregate purchase price of approximately $33.7 billion, with an average purchase price of around $66,607 per Bitcoin.
Here's a summary of Saylor's Bitcoin investment strategy and holdings:
Michael Saylor's Bitcoin Investment Strategy:
* Primary Treasury Reserve Asset: Since August 2020, Saylor has positioned Bitcoin as the primary treasury reserve asset for his company. This makes Strategy the first publicly traded company to adopt such a strategy.
* Continuous Acquisition: Saylor's strategy involves consistently buying Bitcoin with available capital. He has stated, "Just keep Buying Bitcoin with your spare capital. It's going to appreciate against the dollar forever."
* Long-Term Holding: The strategy emphasizes holding Bitcoin for the long term, with Saylor advising investors to consider it an asset for funds not needed for at least four to ten years. Strategy has never sold any of its Bitcoin holdings.
* Funding Through Various Means: To fund Bitcoin purchases, Strategy has utilized various methods, including cash on hand, issuing new shares of common and preferred stock, and taking on debt through convertible note offerings. The company aims to raise $42 billion by 2027 for further Bitcoin acquisitions.
* Bitcoin as a Future of Finance: Saylor believes Bitcoin will eventually be at the heart of the global financial system, with all assets moving onto the blockchain. He predicts Bitcoin could reach $13 million per coin by 2045.
* "Bitcoin is Chess" Mentality: Saylor views Bitcoin as a strategic, long-term game, contrasting it with shorter-term market fluctuations.
Saylor's BTC Holdings:
* Strategy's Holdings: As mentioned, Strategy holds over 506,000 BTC.
* Personal Holdings: Michael Saylor also personally owns a significant amount of Bitcoin. As of September 2024, reports indicated he personally held 17,732 Bitcoins, which he reportedly purchased in October 2020.
Saylor's conviction in Bitcoin remains strong, and his strategy has significantly impacted his company, with shares outperforming traditional assets like Tesla and even Bitcoin itself over certain periods since the adoption of this strategy. However, some analysts have raised concerns about the company's leveraged position in Bitcoin and its potential financial stability in the event of a major Bitcoin price decline.
#SaylorBTCPurchase