#SaylorBTCPurchase Michael Saylor, the executive chairman of Strategy (formerly MicroStrategy), has been a very vocal and prominent advocate for Bitcoin, and his company has become well-known for its significant Bitcoin holdings. Here's a breakdown of what you're likely asking about:
Saylor's Bitcoin Purchase Strategy:
* Treasury Reserve Asset: Since August 2020, Saylor has spearheaded a strategy to make Bitcoin the primary treasury reserve asset for MicroStrategy, believing it to be a superior long-term store of value compared to cash.
* Aggressive Accumulation: MicroStrategy has consistently purchased Bitcoin using various methods, including leveraging company cash reserves, issuing convertible notes (debt), and selling company stock.
* Long-Term Holding: Saylor's strategy is based on a long-term view, with no indication of selling any of the company's Bitcoin holdings. He often emphasizes treating Bitcoin as a long-term capital asset.
* "Bitcoin is Chess": Saylor has described Bitcoin as a long-term strategic game, contrasting it with short-term market fluctuations.
* Flywheel Effect: MicroStrategy's strategy has been described as a "flywheel," where the increasing value of their Bitcoin holdings allows them to raise more capital to buy even more Bitcoin.
* Bitcoin Advocacy: Saylor actively promotes Bitcoin adoption by corporations, arguing for its potential to enhance shareholder value and serve as a hedge against economic challenges. He even hosted a conference in May 2025 specifically for corporations interested in Bitcoin.
Recent Bitcoin Purchases by Saylor/MicroStrategy (Strategy):
* February 2025: Strategy purchased an additional 20,356 BTC for approximately $1.99 billion, at an average price of $97,514 per Bitcoin. This brought their total holdings to 499,096 BTC.
* March 2025: Strategy continued its accumulation, purchasing another 6,911 BTC for around $584.1 million in cash. The average price for this purchase was approximately $84,529 per Bitcoin.
* Total Holdings: As of March 23, 2025, Strategy held approximately 506,137 Bitcoins.
