#SaylorBTCPurchase #SaylorBTCPurchase Michael Saylor’s company, now rebranded as Strategy (formerly MicroStrategy), continues its aggressive Bitcoin acquisition strategy. As of April 27, 2025, the company holds 553,555 BTC, acquired for approximately $37.9 billion at an average price of $68,459 per Bitcoin.
In its latest move, Strategy announced a new $21 billion at-the-market (ATM) stock offering to fund additional Bitcoin purchases. This follows the completion of a previous $21 billion shelf offering. The company has also doubled its capital raising plan to $84 billion, split equally between equity and fixed income, to further bolster its Bitcoin holdings.
Despite reporting a first-quarter net loss of $4.22 billion, primarily due to a $5.91 billion unrealized loss on its cryptocurrency assets, Strategy's stock has surged over 26 times since pivoting to Bitcoin in 2020.
Michael Saylor remains a vocal advocate for Bitcoin, recently stating on social media:
> "By the time your financial adviser says it's OK to buy bitcoin, it'll cost $1 million."
This bold approach underscores Strategy's transformation from a traditional enterprise software firm into a crypto-focused entity.