#SaylorBTCPurchase Michael Saylor Buys Another $555M in Bitcoin Strategy’s BTC Holdings Hit 538,200

1. $555 Million in Bitcoin Bought This Week

Between April 14–20, Michael Saylor’s company, Strategy (formerly MicroStrategy), acquired 6,556 BTC at an average price of $84,785 per coin, totaling $555.8 million.

New Total: 538,200 BTC

Current Value: ~$47 billion

Funding: Sale of

1.76M Class A shares = $547.7M

91,000 preferred shares = $7.8M

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2. Aggressive Accumulation: 91,800 BTC in 2025 (So Far)

Despite reporting $6 billion in unrealized Q1 losses due to price volatility, Strategy has already spent $7.79 billion on Bitcoin this year. The firm is doubling down on long-term BTC conviction.

Average Cost Basis: $67,766

BTC Price (April 22): ~$87,300

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3. Market Reactions: Price Spike & Volume Surge

Following Strategy’s latest disclosure, BTC jumped to $87,400, with trading volumes increasing by 20%. Saylor’s buying announcements continue to act as bullish catalysts.

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4. Institutional Ripple Effect

Strategy’s equity now has enormous reach:

Held by 13,000+ institutions

814,000 retail accounts

55 million+ indirect beneficiaries (via ETFs, pensions, mutual funds)

The company’s inclusion in the Nasdaq 100 also funnels passive capital into BTC through index-tracking funds.

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5. Long-Term Goals: $42 Billion in BTC by 2027

Strategy plans to raise another $20 billion through additional stock sales to reach its ambitious goal. This would further cement its place as the world’s largest corporate BTC holder.

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6. Risks to Watch

Overbought Signal: RSI was at 68 on April 20, suggesting limited short-term upside

Dilution Concerns: Continued equity sales to fund BTC purchases could impact shareholder value

Still, MSTR stock is up 163% YoY, buoyed by Bitcoin’s surge

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Bottom Line:

Michael Saylor is not slowing down. the firm remains the most aggressive corporate buyer in crypto history. one thing is clear: Saylor’s moves shape the Bitcoin narrative.