$BTC
đ The Bitcoin General Strikes Again: Michael Saylorâs Bold $555M BTC Purchase
In a move that has once again shaken the crypto world, Michael Saylor, the Executive Chairman of Strategy (formerly MicroStrategy), has added 6,556 Bitcoin to his company's vaultsâworth an eye-popping $555.8 million. This latest acquisition between April 14 and April 20, 2025, brings Strategy's total Bitcoin holdings to an astonishing 538,200 BTCâvalued at over $45 billion.
What makes this purchase even more striking is the average price of $84,785 per BTC, suggesting unwavering confidence in Bitcoinâs long-term trajectory. Saylorâs laser-eyed belief in Bitcoin has transformed Strategy from a traditional software firm into the most Bitcoin-rich corporation on Earth.
âWe donât plan to sell. Ever.â â Michael Saylor
đ Why It Matters:
Institutional Confidence: Saylor continues to inspire other large players to view BTC as a long-term treasury asset.
Market Sentiment: This purchase reinforces bullish sentiment during a time of volatile price action.
Macro Strategy: Strategy aims to hold over $42 billion in Bitcoin by 2027, signaling unprecedented corporate commitment to crypto.
Of course, not everyone applauds this bold strategy. Critics like Peter Schiff warn that such high-volume holdings could destabilize markets in the event of a sell-off. But so far, Saylor has shown no signs of blinking.