#SaylorBTCPurchase Latest Bitcoin Purchase
From April 14 to 20, 2025, Michael Saylor, the founder and former CEO of MicroStrategy, 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 Bitcoin holdings rose to 538,200, 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 enthusiasts and investors in Bitcoin globally, and he has led his company to become the largest institutional holder of Bitcoin in the world, attracting the attention of the state and banks.
MicroStrategy's Strategy and Thought Process
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 stocks and convertible bonds to fund the purchases.
The reasons for success are attributed to:
1. A smart investment vision: using Bitcoin as a hedge against inflation.
2. A buy-and-hold strategy for Bitcoin, which enhances market confidence.
3. Original financing: issuing bonds and raising capital to buy Bitcoin.
4. Extensive media impact of Bitcoin and its effect on many companies.
5. Strong stock performance through his company's stock climbing plan.