#SaylorBTCPurchase

Michael Saylor's MicroStrategy has made massive Bitcoin purchases, with several recent acquisitions. Here are some key updates ¹ ² ³:

- *Recent Purchases*:

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

- *April 2025*: The strategy involves buying 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 holdings valued at nearly $38 billion and $15 billion, respectively.

*Goals and Strategic Holdings*:

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

- *Future Plans*: The 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 the General Strategy's ATM equity offering and a 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 is still far off, leaving BTC vulnerable to short-term market forces.

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