#SaylorBTCPurchase
Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), has further solidified his company's position as the largest corporate holder of Bitcoin. In late April 2025, Strategy acquired an additional 15,355 BTC for approximately $1.42 billion, at an average price of $92,737 per coin. This purchase brings the company's total holdings to 553,555 BTC, valued at over $52 billion at current market prices .
To finance this acquisition, Strategy utilized proceeds from recent common and preferred stock offerings. Despite reporting a net loss of $4.22 billion in Q1 2025—primarily due to unrealized losses under new fair value accounting rules—the company continues its aggressive Bitcoin accumulation strategy .
Saylor remains steadfast in his belief in Bitcoin's long-term value, often sharing bullish sentiments on social media. His recent post, "Stay humble. Stack sats," underscores his commitment to the cryptocurrency .
As of May 2, 2025, Bitcoin is trading at approximately $97,335, reflecting a 0.665% increase from the previous close.