Michael Saylor’s MicroStrategy has acquired $1.42 billion in Bitcoin, purchasing 15,355 BTC at around $92,737 each. This brings MSTR’s total Bitcoin holdings to 553,555 BTC, valued at $37.90 billion. Saylor claims the company’s strategy is yielding positive returns, outperforming competitors. Despite stock drops, MSTR continues aggressive Bitcoin investments.
In a significant move for the cryptocurrency world, Michael Saylor, the founder and former CEO of MicroStrategy (MSTR), has revealed that his company has purchased $1.42 billion worth of Bitcoin (BTC). This acquisition adds 15,355 BTC to their holdings, purchased at an approximate price of $92,737 per coin. As it stands, the total Bitcoin held by MSTR now reaches 553,555 BTC, representing a total investment of around $37.90 billion, with a per-coin average price of about $68,459.
Saylor is quite enthusiastic about the strategy, claiming it has yielded a remarkable 13.7% year-to-date return as of April 27, 2025. MSTR’s performance, especially over the past three months, has apparently outstripped many other big companies, as indicated by a chart he shared. “The strategy is working,” Saylor commented, adding that past purchases have resulted in gains of over $14 billion, equating to a 38% increase.
Earlier this year, MSTR announced their intent to ramp up Bitcoin buying, which includes raising additional capital. Back in February, the company indicated plans for a substantial stock offering aimed at funding these purchases. Just last month, Saylor mentioned a major transaction in which the firm sold $21 billion in preferred shares to further expand its Bitcoin portfolio.
Current estimates show that MSTR holds about 2.56% of Bitcoin’s global circulating supply. However, the company’s stock slipped by 2.7%, trading at around $358 as of now, indicating the volatility that can accompany such aggressive investment strategies.
It’s crucial for investors to proceed cautiously. The Daily Hodl, while reporting on these developments, reminds readers that it does not provide investment advice and urges careful consideration before making any risky investments in cryptocurrencies.
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As usual, investors should be alert to the risks involved in trading and investing in cryptocurrencies such as Bitcoin, as any losses will be their responsibility.
