#SaylorBTCPurchase

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 rose to 538,200 as they were 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 worldwide, leading his company to become the largest institutional owner of Bitcoin globally, and this may attract attention from the state and banks.

MicroStrategy's strategy and way of thinking

Since 2020, MicroStrategy has adopted a strategy of converting its cash reserves into Bitcoin, considering it a long-term reserve asset. Michael Saylor led this strategy relying on financing through the issuance of stocks and convertible bonds to fund the purchases.

The reasons for success can be attributed to:

1. Smart investment vision: Using Bitcoin as a hedge against inflation.

2. Buy-and-hold strategy for Bitcoin, which boosts market confidence.

3. Original financing: Issued bonds and raised capital to buy Bitcoin.

4. Widespread media impact of Bitcoin and its effect on many companies.

5. Strong stock performance through his plan in increasing the company's share price.