#SaylorBTCPurchase Michael Saylor's MicroStrategy has been actively accumulating Bitcoin (BTC) since August 2020, when the company made its first long-term investment in the cryptocurrency. Here's a brief overview of their BTC purchases ¹ ²:
- *Total Holdings*: As of April 28, 2025, MicroStrategy owns 553,555 Bitcoins, with an average purchase price of $66,384.56 per Bitcoin, totaling $33.139 billion.
- *Recent Plans*: The company has announced plans to raise another $21 billion to fund BTC purchases in Q2 2025, which could further boost their Bitcoin holdings.
- *Investment Strategy*: Saylor has positioned himself as a corporate guru on buying Bitcoin, describing it as a "dependable store of value" and "digital gold." He aims to make MicroStrategy a leader in Bitcoin investment, potentially paving the way for other corporate investors.
Saylor's enthusiasm for Bitcoin has contributed to the cryptocurrency's growing mainstream acceptance. His influence extends beyond MicroStrategy, as his public endorsements and investments have sparked interest among other companies and investors. Some notable impacts of Saylor's Bitcoin advocacy include ²:
- *Increased Institutional Investment*: Companies like Tesla and Square have invested in Bitcoin, partly due to Saylor's pioneering efforts.
- *Growing ETF Demand*: Bitcoin ETFs have seen significant inflows, with Blackrock's IBIT and Grayscale's GBTC funds leading the way.
- *Market Impact*: Saylor's announcements and MicroStrategy's purchases have contributed to Bitcoin's price movements, including a recent 70-day peak above $97,000.