$BTC

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, at 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 at an average price of $66,384.

Michael Saylor is considered one of the most prominent enthusiasts and acquirers of Bitcoin in the world, leading his company to become the largest institutional owner of Bitcoin globally, and he may be followed by the state and banks in this regard.

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 driven this strategy by relying on financing through issuing stocks and convertible bonds to fund the purchases.

The reasons for success can be attributed to:

1. Smart investment vision: Using Bitcoin as an inflation hedge.