#SaylorBTCPurchase
Michael Saylor is a well-known American entrepreneur and business executive, currently serving as the executive chairman of MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services. He's a prominent Bitcoin advocate, and under his leadership, MicroStrategy has invested heavily in the cryptocurrency.
*Recent News:*
- *Bitcoin Investments:* Saylor's Strategy (formerly MicroStrategy) continues to accumulate Bitcoin, recently acquiring 3,459 more BTC for $285.8 million. The company now holds 528,185 BTC, representing over 2.5% of the total Bitcoin supply.
- *Q1 2025 Earnings Call:* Saylor discussed Q1 financial results and forward-looking statements on a recent earnings call, providing insights into Strategy's Bitcoin acquisition strategy and related advocacy initiatives.
- *Potential Bitcoin Sale:* Strategy warned of a potential Bitcoin sale to pay off debt, citing a $700 million debt sale to further invest in the cryptocurrency.
- *White House Digital Assets Summit:* Saylor was invited to the White House Digital Assets Summit on March 7, 2025, to discuss crypto policy and potential advisory roles.
- *Tax Dispute Resolution:* Saylor settled a tax dispute with the District of Columbia by agreeing to pay a $40 million fine.¹
*Other Developments:*
- *Strategy's Rebranding:* In February 2025, MicroStrategy rebranded to Strategy, reflecting its shift in focus towards Bitcoin accumulation and advocacy.
- *Bitcoin Market Predictions:* Saylor believes Bitcoin's market capitalization could reach $20 trillion and eventually $200 trillion, advocating for the U.S. to acquire Bitcoin as part of a strategic crypto reserve.²
