#SaylorBTCPurchase
Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), has continued to lead the company's aggressive Bitcoin acquisition strategy throughout 2024 and into 2025. Hereโs a summary of their major Bitcoin purchases:
๐ Major Bitcoin Acquisitions
February 2024: Acquired 3,000 BTC for approximately $155 million at an average price of $51,813 per Bitcoin, bringing total holdings to 193,000 BTC.
June 2024: Purchased 11,931 BTC for $786 million, increasing total holdings to 226,331 BTC.
July 2024: Added 169 BTC for $11.4 million, bringing the total to 226,500 BTC.
September 2024: Bought 18,300 BTC for approximately $1.11 billion.
February 2025: Acquired 20,356 BTC for $1.99 billion, funded by a $2 billion zero-coupon convertible note offering, bringing total holdings to around 499,096 BTC.
May 2025: As of May 26, Strategy holds 580,250 BTC, acquired at an average price of $66,384.56 per Bitcoin, totaling approximately $33.14 billion.
๐ง Strategic Outlook
Saylor has transformed Strategy into a Bitcoin-centric enterprise, positioning it as a de facto Bitcoin ETF alternative. The company's stock performance has closely mirrored Bitcoin's price movements, with shares increasing approximately tenfold since initiating Bitcoin purchases in 2020.
In February 2025, Saylor advocated for the U.S. to establish a strategic Bitcoin reserve, suggesting that securing 20% of the Bitcoin network could bolster the nation's position in the digital economy.
