Strategy, the company founded by Michael Saylor, just made its biggest Bitcoin purchase yet, buying 24,869 BTC for around $2.01 billion.
The company now owns 843,738 BTC acquired for $63.87 billion at a price of $75,700 per Bitcoin.
Strategy recently purchased Bitcoin at an average price of $80,985 per coin. This was their sixth-largest Bitcoin purchase and eighth-largest purchase overall in terms of dollar amount.
Saylor reports that their Bitcoin strategy has earned a 12.6% return so far this year. The company, publicly traded on Nasdaq as MSTR, is the largest corporate owner of Bitcoin and pioneered the use of BTC as its primary treasury reserve.
As of right now, Bitcoin is worth $76,374. It’s currently down over 2% in the last day and almost 7% over the past week.
In a tweet last April, Michael Saylor stated he believed Bitcoin would avoid repeating its pattern of dramatic price increases followed by crashes.
Bitcoin is now widely accepted as a digital form of money. The predictable four-year price patterns are no longer reliable, as price is now mainly influenced by where money is flowing. Future growth will depend on traditional banks and new digital lending, but the biggest threat to Bitcoin comes from poorly thought-out changes to its underlying code.
Michael Saylor has consistently advised investors to hold onto their Bitcoin and not sell. However, during a recent earnings call, he indicated that his company might sell some of its Bitcoin holdings to fund a dividend, primarily to demonstrate to the market that they are willing to do so and reassure investors.
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2026-05-19 10:28