#SaylorBTCPurchase

SaylorBTCPurchase likely refers to the Bitcoin purchasing strategy and activities of Michael Saylor and the company he co-founded, formerly known as MicroStrategy, now rebranded as Strategy.

Here's a breakdown of what SaylorBTCPurchase entails:

Aggressive Bitcoin Accumulation: Michael Saylor has become a very vocal and prominent advocate for Bitcoin, positioning it as a primary treasury reserve asset for Strategy. Since August 2020, the company has been aggressively buying Bitcoin.
"Bitcoin Treasury" Strategy: Strategy's core financial strategy revolves around acquiring and holding Bitcoin for the long term, viewing it as a superior store of value compared to traditional fiat currencies. They aim to accumulate a significant amount of Bitcoin, with a stated goal of holding $42 billion worth by the end of 2027.
Funding Through Debt and Equity: To finance its Bitcoin purchases, Strategy has employed various methods, including issuing convertible notes (debt that can be converted into company stock), common stock, and preferred stock. They have an "at-the-market" (ATM) program to gradually sell shares to raise capital for more Bitcoin acquisitions.
Significant Bitcoin Holdings: As of April 20, 2025, Strategy holds a substantial amount of Bitcoin. Their latest purchase, between April 14 and April 20, 2025, involved acquiring an additional 6,556 Bitcoin for approximately $555.8 million at an average price of $84,785 per coin. This increased their total holdings to 538,200 BTC, acquired for a total of $36.47 billion at an average price of $67,766 per Bitcoin. This makes Strategy the largest corporate holder of Bitcoin globally.
Long-Term Investment Thesis: Saylor's belief is that Bitcoin is the "apex property" and a crucial asset for any corporate treasury seeking to preserve value against inflation and currency devaluation. He views it as "digital gold" and believes its value will continue to appreciate significantly over the long term.