#SaylorBTCPurchase

Michael Saylor and the Bitcoin Accumulation Game

Michael Saylor, through MicroStrategy (now Strategy), continues to shock the crypto market with an unending Bitcoin buying strategy.

As of 12/5/2025, Strategy owns 568,840 BTC, worth approximately $33.139 billion, with an average purchase price of $66,384/BTC. Most recently, on 5/5/2025, they spent $180.3 million to acquire an additional 1,895 BTC at $95,167/BTC. Saylor's '21/21' plan aims to raise $42 billion by 2027 to continue accumulating Bitcoin, using low-interest debt and issuing shares.

Is this strategy genius or reckless? On the positive side, Saylor is pioneering the transformation of Bitcoin into a corporate reserve asset, leveraging low interest rates (0.811%) to purchase high-growth assets, yielding a return of 1,989% for shareholders since 2020. Bitcoin nearing $100,000 and interest from ETF funds reinforce his belief in its long-term potential, even reaching $13 million/BTC by 2045.

However, the risks are significant: Strategy is heavily reliant on Bitcoin, with its software segment declining (revenue dropping from $576 million in 2013 to $496 million in 2023).

Debt of $4.3 billion and shares trading at 256% above net asset value could lead to a crisis if Bitcoin plummets.

Saylor is making a big bet on Bitcoin, sending a strong signal to the market. Is this a long-term vision or a risky gamble?

What do you think?