Sure bro, here’s a quick breakdown of Michael Saylor’s Bitcoin (BTC) purchase:
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Michael Saylor & MicroStrategy's Bitcoin Journey
Michael Saylor, the co-founder and executive chairman of MicroStrategy, is one of the most prominent Bitcoin advocates in the world. He made headlines in August 2020 when MicroStrategy became the first publicly traded company to adopt Bitcoin as a primary treasury reserve asset.
Key Highlights:
Initial Purchase: In August 2020, MicroStrategy bought 21,454 BTC for $250 million as a hedge against inflation.
Continued Accumulation: Since then, under Saylor’s leadership, the company has steadily acquired more Bitcoin through direct purchases and convertible debt offerings.
As of early 2025: MicroStrategy holds over 190,000+ BTC, making it the largest corporate holder of Bitcoin in the world.
Average Purchase Price: The company’s average cost basis is estimated around $31,000 per BTC, though this fluctuates slightly with each new buy.
Personal Investment: Saylor himself reportedly holds 17,732 BTC personally, bought with his own money for around $175 million.
Why He Did It:
Saylor believes Bitcoin is "digital gold" and the best long-term store of value. He argues that it outperforms cash, gold, and other traditional assets due to its scarcity (21M cap), decentralized nature, and resistance to inflation.
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