#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 August 2020, MicroStrategy has consistently invested in Bitcoin, positioning it as a central component of its corporate strategy.

In a notable move, MicroStrategy recently introduced a financial instrument called Series A Perpetual Strife Preferred Stock ("Strife") to raise funds for additional Bitcoin acquisitions. This instrument offers a fixed annual dividend of 10%, increasing by 1% per year if payments are deferred, capped at 18%. The unique structure and naming of "Strife" have raised questions among financial analysts regarding its viability and the potential risks to investors.

As of February 24, 2025, MicroStrategy holds approximately 499,096 bitcoins, acquired for $27.95 billion at an average price of $62,473 per bitcoin. This substantial investment reflects Saylor's belief in Bitcoin's potential as a superior store of value compared to traditional assets like gold.

Saylor's strategy has influenced other corporations to consider Bitcoin as a treasury asset, aiming to boost their share prices. However, this approach carries significant risks due to Bitcoin's inherent volatility and the challenges of maintaining investor confidence.

For real-time updates on MicroStrategy's Bitcoin holdings and Saylor's perspectives, you can follow his official X (formerly Twitter) account.