#SaylorBTCPurchase Michael Saylor's MicroStrategy has been on a Bitcoin buying spree, with several recent purchases. Here are some key updates ¹ ² ³:

- *Recent Purchases*:

- *February 2025*: MicroStrategy acquired 20,356 BTC for approximately $1.99 billion at an average price of $97,514 per coin. This brings their total holdings to 499,096 BTC.

- *April 2025*: Strategy bought 6,556 Bitcoin for $555 million between April 14 and 20, with an average price of $84,785 per coin. Their current holdings stand at 538,200 BTC.

- *Other Purchases*: MicroStrategy has also acquired 27,200 BTC for $2 billion and 11.9K BTC for $786 million, with their Bitcoin stash valued at nearly $38 billion and $15 billion, respectively.

*Strategy's Goals and Holdings*:

- *Total Holdings*: MicroStrategy now holds over 2.5% of the total BTC supply, with a stash valued at around $47 billion at current market prices.

- *Future Plans*: Strategy aims to hold $42 billion in Bitcoin by the end of 2027, regardless of market conditions.

- *Funding*: The purchases were funded through proceeds from Strategy's Common ATM equity offering and Series A perpetual convertible preferred stock offering.

*Impact and Outlook*:

- *Market Impact*: Saylor's purchases have sparked long-term optimism, but the impact of his $81 trillion Bitcoin reserve plan remains distant, leaving BTC vulnerable to short-term market forces.

- *Institutional Adoption*: Over 13,000 institutions now hold direct exposure to Strategy, with an estimated 55 million beneficiaries having indirect exposure through ETFs, mutual funds, pensions, and insurance portfolios.