Strategy, led by Michael Saylor, continues its aggressive purchase of Bitcoin. On April 21, 2025, the company acquired 6,556 BTC for $555.8M, at $84,785 per token, raising its holdings to 538,200 BTC, purchased for $36.47B (average $67,766/BTC). This marks a return of 12.1% in 2025, despite an unrealized loss of $5.91B in Q1, following a 12% drop in the price of BTC, the worst quarter since 2018.
Saylor, a staunch advocate of BTC, proposes that the U.S. acquire 25% of the supply by 2035 as a "Strategic Reserve," potentially generating $16-81B for the Treasury. He compares this adoption to the Louisiana Purchase, calling it a "flag in cyberspace." However, volatility is a concern: the price has fallen below $80,000 several times since March, affected by U.S.-China trade tensions.
Despite the risks, including warnings about potential forced sales due to debts of $8.21B, Strategy continues to buy, using programs like the ATM to raise $21B. Is it a visionary bet or a financial risk? The market is watching closely. #MichaelSaylor #SaylorBTCPurchase