#SaylorBTCPurchase
Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), has significantly increased his company's Bitcoin holdings. As of April 27, 2025, Strategy acquired an additional 15,355 BTC for approximately $1.42 billion at an average price of $92,737 per coin. This brings the company's total holdings to 553,555 BTC, valued at over $53 billion, accounting for about 2.64% of the total Bitcoin supply .
In a bold move to further expand its Bitcoin reserves, Strategy announced plans to raise $84 billion—split evenly between equity and debt offerings—to fund additional purchases . This strategy underscores Saylor's unwavering belief in Bitcoin as a superior store of value. He recently emphasized this conviction by stating, "By the time your financial adviser says it’s OK to buy Bitcoin, it’ll cost $1 million," suggesting that institutional adoption may lag behind significant price increases .
These aggressive acquisitions come amid a broader trend of declining Bitcoin availability on exchanges, indicating a tightening supply. Analysts suggest that Strategy's approach could involve acquiring cash-rich companies and converting their reserves into Bitcoin, further accelerating accumulation .
As of now, Bitcoin is trading at approximately $97,279, reflecting a slight increase of 0.14% .