Michael Saylor's Strategy Continues to Fuel Bitcoin Purchases

Michael Saylor's firm, Strategy (formerly MicroStrategy), has been aggressively buying Bitcoin, solidifying its position as one of the largest corporate holders of the cryptocurrency.

Recent Purchases

6,556 Bitcoin acquired: Strategy purchased 6,556 Bitcoin for approximately $555 million between April 14 and 20, 2025, at an average price of $84,785 per coin.

20,356 Bitcoin acquired: The company also announced a fresh purchase of 20,356 BTC, spending around $1.99 billion at an average price of $97,514 per coin.

Total holdings: Strategy now holds over 538,200 Bitcoin, equivalent to over 2.5% of the total BTC supply, valued at around $47 billion at current market prices.

Strategy's Plans

$42 billion goal: Strategy aims to accumulate $42 billion in Bitcoin by the end of 2027 regardless of market conditions.

Increased institutional exposure: Over 13,000 institutions now hold direct exposure to Strategy, with 814,000 retail accounts having direct exposure and 55 million beneficiaries having indirect exposure through ETFs, mutual funds, pensions, and insurance portfolios.

Impact on the Market

Bitcoin price volatility: Strategy's purchases have contributed to Bitcoin's price fluctuations, with the cryptocurrency trading near $85,000.

Long-term potential: Saylor's Bitcoin Strategic Reserve plan, which aims to generate up to $81 trillion for the US Treasury, has sparked long-term optimism despite short-term market uncertainties