#SaylorBTCPurchase
SaylorBTCPurchase Latest Bitcoin Purchase
From April 14 to April 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 USD, at an average price of 84,785 dollars. The company's total has risen to 538,200 as they were purchased at a cost of approximately 33.1 billion dollars with an average price of 66,384 dollars.
Michael Saylor is considered one of the leading enthusiasts and acquirers of Bitcoin in the world, and he has led his company to become the largest institutional owner of Bitcoin globally, with potential interest from the state and banks in this matter.
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 stocks and convertible bonds to fund purchases.
Reasons for success include:
1. Smart investment vision: Using Bitcoin as an inflation hedge.
