Michael Saylor's Strategy recently acquired 6,556 Bitcoin for approximately $555.8 million, bringing their total holdings to 538,200 BTC, valued at around $47 billion at current market prices. This purchase was funded through proceeds from Common ATM and STRK ATM stock offerings.
Here are some key details about the purchase ¹ ²:
- *Average Price*: $84,785 per Bitcoin
- *Total Holdings*: 538,200 BTC
- *Total Cost*: $36.5 billion
- *Goal*: Strategy aims to hold $42 billion in Bitcoin by the end of 2027
Strategy has been actively accumulating Bitcoin, with 91,800 BTC acquired so far in 2025, accounting for 17% of its total holdings. The company's aggressive buying strategy reflects its confidence in Bitcoin's long-term value ¹.