$BTC Latest Bitcoin Purchase
From April 14 to 20, 2025, MicroStrategy's founder and former CEO Michael Saylor announced the purchase of 6,556 units of Bitcoin for a total value of $555.8 million, with an average price of $84,785. The company's total has risen to 538,200, having been purchased at a cost of approximately $33.1 billion with an average price of $66,384.
Michael Saylor is considered one of the most prominent advocates and acquirers of Bitcoin in the world and has led his company to become the largest institutional holder of Bitcoin globally, attracting the attention of the state and banks.
MicroStrategy's Strategy and Thinking
Since 2020, MicroStrategy has adopted a strategy of converting its cash reserves into Bitcoin, considering it a long-term reserve asset. Michael Saylor has led this strategy relying on financing through the issuance of stock and convertible bonds to fund the purchases.