#SaylorBTCPurchase #BTCpurchase
Michael Saylor's #SaylorBTCPurchase refers to his company's, MicroStrategy (now rebranded as Strategy), ongoing and substantial purchases of Bitcoin (BTC). Here are the details:
# Recent Purchases
- $555.8 million Bitcoin buy: Strategy acquired 6,556 Bitcoin between April 14-20, 2025, at an average price of $84,785 per coin.
- *Total Holdings*: Strategy now holds 538,200 BTC, valued at approximately $36.47 billion, with an average purchase price of $67,766 per coin.
- *Previous Purchase*: The company also bought 3,459 BTC for $285.8 million on April 14, 2025, at an average price of $82,618 per coin.
# Strategy's Approach
- *Aggressive Accumulation*: Saylor's strategy involves continuously buying Bitcoin, with plans to sell over $20 billion in shares to fund more purchases.
- *Long-term Vision*: Saylor believes Bitcoin is a superior store of value and a hedge against inflation, comparing it to "digital gold."
# Impact
- *Market Influence*: Saylor's purchases often signal bullish sentiment and influence institutional interest in Bitcoin.
- *Supply Shock*: Strategy's significant holdings reduce the available circulating supply, potentially creating upward price pressure ¹.