Michael Saylor, the executive chairman of Strategy (formerly MicroStrategy), continues to make headlines with his aggressive Bitcoin acquisition strategy. On May 19, 2025, Strategy announced the purchase of 7,390 BTC for approximately \$765 million at an average price of \$103,498 per coin. This acquisition brings the company's total Bitcoin holdings to 576,230 BTC, valued at over \$59 billion, accounting for more than 2.7% of the total circulating supply. ([Cointelegraph][1], [CoinDesk][2], [Crypto Briefing][3])
The purchase was financed through the sale of approximately 1.7 million shares of common stock and 621,555 shares of Series A preferred stock, generating the necessary capital for the acquisition. ([Crypto Briefing][3])
Saylor's unwavering belief in Bitcoin as a superior store of value has led Strategy to become the largest corporate holder of the cryptocurrency. Despite market volatility and criticisms regarding the risks of such a concentrated investment, Saylor remains steadfast in his approach, aiming to accumulate \$42 billion in Bitcoin by 2027. ([Financial Times][4], [Crypto Briefing][3])
In a recent interview, Saylor acknowledged the potential risks, stating that shareholders would "suffer" if Bitcoin's price were to decline over multiple years. Nevertheless, he continues to advocate for Bitcoin, viewing it as a transformative financial asset and a hedge against inflation.$BTC $BTC
