- Strategy bought 525 BTC for $60.2M, raising total holdings to 638,985 BTC.
- The smaller purchase drew attention, as Saylor usually buys in far larger amounts.
- Despite missing the S&P 500 and facing criticism, Saylor remains firmly committed to Bitcoin.
Michael Saylor has revealed that his firm, Strategy, has purchased 525 Bitcoin worth about $60.2 million. The coins were bought at roughly $114,562 each, bringing the company’s total stash to an enormous 638,985 BTC. Altogether, these holdings were acquired for $47.23 billion at an average price of $73,913 per coin, locking Strategy into a year-to-date yield of nearly 26%.
The Twist: Smaller Accumulation Than Usual
Unlike past headline-grabbing acquisitions, this buy was relatively modest in size. Strategy is known for sweeping up thousands of BTC in a single move, so the smaller purchase has drawn attention. Some analysts suggest it may signal a more measured approach going forward, especially as the firm navigates growing scrutiny over its aggressive Bitcoin strategy.
Criticism and Missed S&P 500 Listing
Not everyone is on board with Saylor’s relentless Bitcoin push. Investor Jason Calacanis went so far as to warn others to avoid Strategy altogether, urging people to buy Bitcoin directly instead. The criticism came on the heels of Strategy’s exclusion from the S&P 500 index, despite meeting technical requirements. Following that disappointment, the company’s stock slid 2%, with JPMorgan calling the non-inclusion a major setback.
Saylor Doubles Down on Bitcoin Evangelism
Even with critics circling, Saylor remains as committed as ever to Bitcoin. His latest symbolic gesture—a post featuring the new iPhone 17 Pro in bright Bitcoin orange—underscores his conviction. While smaller in size, the 525 BTC purchase signals that Strategy has no plans to slow down its accumulation. Instead, Saylor appears determined to keep adding to the pile, convinced that Bitcoin’s long-term trajectory will silence the skeptics.
