#SaylorBTCPurchase Michael Saylor’s Strategy Firm Acquires 7,390 BTC, Strengthens Position as Largest Corporate Bitcoin Holder
Michael Saylor’s firm, Strategy, has made another significant move in the Bitcoin market by acquiring 7,390 BTC for approximately $765 million between May 12 and 18. This purchase brings the company’s total Bitcoin holdings to an impressive 576,230 BTC, valued at over $59 billion. With this acquisition, Strategy now controls over 2.7% of Bitcoin’s total circulating supply, further cementing its position as the largest corporate holder of the cryptocurrency.
The firm has laid out an ambitious target to accumulate $42 billion worth of Bitcoin by 2027, reflecting a long-term bullish outlook on the digital asset. Saylor’s continued commitment to a Bitcoin-centric investment strategy demonstrates his confidence in Bitcoin as a store of value and a hedge against inflation.
Despite this aggressive accumulation, Strategy is currently facing a class-action lawsuit, with allegations of misleading statements regarding its Bitcoin investment approach. This legal challenge could introduce volatility or scrutiny around the firm’s future moves.
In a related development, Saylor has publicly encouraged Metaplanet—a fellow corporate Bitcoin buyer—to continue its Bitcoin purchases. Metaplanet recently experienced a sharp rise in its stock price following news of a significant BTC acquisition, a move Saylor views as validation of Bitcoin-focused treasury strategies.
Overall, Saylor’s latest acquisition signals ongoing institutional confidence in Bitcoin, even amid regulatory and legal challenges. Investors and analysts will be watching closely to see how Strategy’s holdings and market influence evolve over time.
#SaylorBTCPurchase
