#SaylorBTCPurchase Michael Saylor, co-founder and executive chairman of MicroStrategy, has been a prominent advocate for Bitcoin, leading his company to become the largest corporate holder of the cryptocurrency. Since 2020, MicroStrategy has strategically acquired Bitcoin, transforming its treasury management approach.

Recent Bitcoin Acquisitions

In December 2024, MicroStrategy made significant Bitcoin purchases:

December 2, 2024: The company acquired 15,400 BTC for $1.5 billion, averaging $95,976 per Bitcoin, bringing total holdings to 402,100 BTC.

December 29, 2024: An additional purchase of 2,138 BTC for approximately $209 million, averaging $97,837 per Bitcoin, increased total holdings to 446,400 BTC.

March 17, 2025: MicroStrategy acquired 130 BTC for $10.7 million, averaging $82,981 per Bitcoin, bringing total holdings to 499,226 BTC.

Strategic Financial Instruments

To fund these acquisitions, MicroStrategy has employed innovative financial strategies:

Series A Perpetual Strife Preferred Stock: Introduced to raise capital for additional Bitcoin purchases, this instrument offers a fixed annual dividend of 10%, increasing by 1% per year if payments are deferred, capped at 18%.

Market Influence and Corporate Adoption

MicroStrategy's bold approach has influenced other companies to consider Bitcoin as a treasury asset:

Corporate Copycats: Inspired by MicroStrategy's success, 78 listed companies globally have adopted similar strategies, allocating significant portions of their surplus cash to Bitcoin, leading to substantial increases in their stock prices.

Critiques and Considerations

While MicroStrategy's Bitcoin-centric strategy has yielded substantial returns, it has also attracted scrutiny:

Risk Exposure: Critics highlight the inherent risks and reliance on Bitcoin's appreciating value, raising questions about long-term stability.

Market Volatility: The company's stock has experienced volatility, reflecting Bitcoin's price fluctuations, which could impact investor confidence.