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#SaylorBTCPurchase Michael Saylor's MicroStrategy has been actively acquiring Bitcoin as a treasury reserve asset since August 2020. Here are some key points about their recent purchases¹: - *Recent Purchases:* On April 28, 2025, MicroStrategy bought 15,355 Bitcoins at an average price of $92,737 per coin, totaling $1.42 billion. This purchase is part of their ongoing strategy to maximize long-term value for shareholders. - *Current Holdings:* MicroStrategy currently holds approximately 553,555 Bitcoins, valued at around $53.63 billion, with an average purchase price of $68,478.47 per coin. - *Profit/Loss:* Their recent purchases have shown varying degrees of profit and loss. For instance, the April 28 purchase has seen a 4.65% gain, while the February 24 purchase is currently at a 1.01% loss. - *Purchase Strategy:* MicroStrategy typically announces its Bitcoin purchases through Form 8-K filings with the SEC and public tweets from Michael Saylor. Some notable recent purchases include: - *April 21, 2025:* 6,556 Bitcoins at $84,785 per coin, totaling $555.8 million, with a current profit of 14.15%. - *April 14, 2025:* 3,459 Bitcoins at $82,618 per coin, totaling $285.8 million, with a current profit of 17.12%. - *March 31, 2025:* 22,048 Bitcoins at $86,969 per coin, totaling $1.92 billion, with a current profit of 11.13%.
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#DigitalAssetBill The Digital Asset Bill, formally known as the Property (Digital Assets etc) Bill, aims to clarify the legal status of digital assets like cryptocurrencies, non-fungible tokens (NFTs), and carbon credits. Introduced in Parliament on September 11, 2024, the bill seeks to provide greater legal protection for owners and companies dealing with these assets.¹ *Key Provisions:* - *Recognition of Digital Assets as Personal Property*: The bill confirms that certain digital assets can be recognized as personal property, even if they don't fit into traditional categories of property law. - *Increased Legal Protection*: Owners and companies will benefit from increased legal protection against fraud and scams, and judges will be better equipped to handle complex cases involving digital assets. - *Certainty and Clarity*: The bill aims to provide certainty and clarity for individuals and businesses dealing with digital assets, particularly in cases of disputed ownership or settlements.² *Benefits:* - *Attracting Investment and Business*: By providing a clear legal framework, the UK can maintain its position as a global leader in the crypto industry and attract more business and investment. - *Reducing Litigation Costs*: The bill can decrease litigation costs by removing the need to decide whether a digital asset can be considered property. - *International Alignment*: The bill aligns with international approaches, including those in Singapore, New Zealand, and the United States. *Current Status:* The bill is currently in the House of Lords and has been committed to a special public bill committee. If passed, it will bring significant changes to the way digital assets are treated under English and Welsh law.
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