#SaylorBTCPurchase
Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), has announced an ambitious plan to raise $84 billion to acquire additional Bitcoin (BTC). This capital will be sourced equally through equity and fixed-income instruments, marking a significant escalation from the company's previous $21 billion fundraising efforts.
As of April 28, 2025, Strategy holds 553,555 BTC, representing approximately 2.64% of the total Bitcoin supply. These holdings are valued at over $53 billion, with an average acquisition price of $68,459 per BTC.
The company has been actively increasing its Bitcoin reserves:
Between March 24 and March 30, Strategy purchased 22,048 BTC for approximately $1.92 billion, at an average price of $86,969 per coin.
From April 14 to April 20, it acquired 6,556 BTC for $555.8 million, averaging $84,785 per BTC.
On April 27, the company added 15,355 BTC for $1.42 billion, as Bitcoin's price surged above $90,000.
Despite reporting a net loss of $4.22 billion for Q1 2025, primarily due to accounting adjustments under fair value rules, Strategy's stock has risen 32% year-to-date, outperforming the Nasdaq 100.