Another $1.3 Billion in Bitcoin: Michael Saylor’s Strategy Keeps Buying
Michael Saylor's firm, Strategy, has made another significant investment in Bitcoin, purchasing 13,390 BTC for $1.34 billion from May 5 to May 11, 2025. This brings the company’s total holdings to 568,840 BTC, valued at approximately $59 billion. The average price per Bitcoin acquired is around $99,856, with the company now having spent $39.41 billion total on Bitcoin purchases. Saylor, who championed Bitcoin as a solid investment during the COVID-19 pandemic, has positioned his company as a leading corporate holder of the cryptocurrency, which continues to gain traction and value in the market. Saylor's strategy has involved protecting shareholder value amid economic uncertainty, leveraging Bitcoin's potential as a hedge against inflation. Despite Bitcoin's fluctuations, including a recent price hovering around $103,311, the digital asset remains a popular choice for institutional investments. The company's aggressive acquisition strategy illustrates its commitment to Bitcoin as a core component of its balance sheet.
Source 🔗