#SaylorBTCPurchase MicroStrategy, led by executive chairman Michael Saylor, has made significant Bitcoin purchases over the years, solidifying its position as one of the largest corporate holders of BTC. Here are the key details about their Bitcoin acquisitions:
### **MicroStrategy's Bitcoin Holdings (As of June 2024)**
- **Total BTC Owned:** **226,331 BTC**
- **Total Investment:** ~**$8.3 billion**
- **Average Purchase Price:** ~**$36,798 per BTC**
- **Current Value (at ~$60,000/BTC):** ~**$13.6 billion**
### **Recent Purchases (2024)**
- **June 2024:** Bought **11,931 BTC** for **$786 million** (avg. price ~$65,883/BTC).
- **April 2024:** Acquired **9,245 BTC** for **$623 million** (avg. price ~$67,382/BTC).
- **March 2024:** Purchased **9,000 BTC** for **$623 million** (avg. price ~$69,228/BTC).
### **Funding Strategy**
MicroStrategy has funded its Bitcoin purchases through:
- **Convertible Note Offerings** (debt financing).
- **Stock Sales** (equity dilution).
- **Operating Cash Flow** (minimal compared to debt/equity financing).
### **Why Is MicroStrategy Buying So Much Bitcoin?**
Michael Saylor has repeatedly stated that Bitcoin is the best store of value and a hedge against inflation. The company’s strategy is to **hold BTC long-term** rather than trade it.
### **Market Impact**
- MicroStrategy’s aggressive BTC accumulation has made it a **proxy for Bitcoin exposure** in traditional markets.
- Some investors buy **MSTR stock** as a leveraged Bitcoin bet since the company holds more BTC than its market cap suggests.
Would you like details on a specific purchase or financial strategy?
