#SaylorBTCPurchase
Michael Saylor Doubles Down on Bitcoin
$21 Billion Fundraising Despite a $4.2 Billion Loss!
In the first quarter of 2025, Strategy (formerly MicroStrategy) reported a $4.2 billion accounting loss, mainly due to the depreciation of its Bitcoin holdings.
Yet, the company isn't slowing down and plans to raise an additional $21 billion through a stock offering to further increase its BTC reserve.
Holding over 553,555 BTC with an average purchase price of approximately $68,459 per unit, Strategy's bold strategy, led by the fervent Bitcoin advocate Michael Saylor, continues to spark lively debate in the financial world.
Opinions are divided between a long-term vision and what some consider excessive risk-taking.
This decision reaffirms Michael Saylor's unwavering belief in Bitcoin as a strategic reserve asset for corporations.
Will this audacious approach inspire other publicly traded companies? Time will tell, but it is certainly capturing the attention of the entire crypto ecosystem.