Despite a staggering $4.2 billion net loss reported in the first quarter of 2025, largely due to a $5.9 billion unrealized loss on its substantial Bitcoin holdings (which totaled 553,555 BTC at the time due to a price dip), Michael Saylor's Strategy (formerly MicroStrategy) has doubled down on its commitment to the cryptocurrency. Instead of retreating, the company aggressively increased its Bitcoin portfolio between April and May 2025, acquiring: 6,556 BTC for $555 million on April 21st; 15,355 BTC for $1.42 billion on April 28th; and another 13,390 BTC for $1.34 billion on May 12th. As of today, Strategy holds a commanding 568,840 $BTC , with a total investment of $33.14 billion and an average entry price of $66,384 per coin. Undeterred by the recent historic loss, Saylor intends to raise an additional $84 billion through a combination of equity and debt financing, with the clear objective of further Bitcoin acquisitions. This bold strategy transcends mere conviction, representing a calculated, albeit high-stakes, wager on Bitcoin's future. The outcome hinges on whether Bitcoin evolves into a mainstream monetary standard or succumbs to its inherent price volatility. Strategy's identity has now evolved beyond that of a typical tech firm; it has effectively transformed into a highly leveraged Bitcoin investment vehicle.
