Michael Saylor just bought over $1.9B in Bitcoin, adding 22,048 BTC to Strategy’s stash.
Strategy now holds more than 528,000 BTC, with some coins bought at over $84K each.
Despite the big buy, Strategy’s stock dropped 4% after a rough market correction.
Michael Saylor’s back at it again—and this time he’s dropped a cool $1.92 billion to scoop up 22,048 Bitcoin for Strategy (you might still call it MicroStrategy, but whatever, rebranding happens).
This latest move? It’s huge. It just further cements Strategy’s rep as the largest corporate Bitcoin whale out there. All while markets are wobbly, investors are jittery, and nobody seems sure what comes next. But Saylor? He’s doubling down.
ICYMI: Michael Saylor’s ‘Strategy’ acquired 22,048 Bitcoin $BTC for ~$1.92 billion
Right now, Strategy holds 528,185 BTC. That’s… a lot. The company’s dropped $35.6 billion total into its Bitcoin strategy so far, with an average buying price of about $67,458 per coin.
This new batch? Bought at an average of $84,529—yikes, that’s a steep price per coin. But they didn’t just pull that from the couch cushions. Nope. A recent stock sale brought in about $592.6 million, which helped fund the haul.
Saylor himself is still all-in. In his words:
“It becomes a fait accompli… you embrace the network, then your allies do, and then—eventually—your enemies kinda have to too.” Okay then, geopolitics meets crypto. Classic Saylor.
Market Reaction: A Bit of a Mixed Bag
In the past, big Bitcoin moves from Strategy have had that ripple effect—prices jump, other crypto companies get a boost, and people start talking bullish again.
Just last week, when BTC surged past $87K, Strategy’s stock popped up 4.8% in premarket trading. Coinbase, Robinhood—they saw some action too.
But now? Not quite the same. Despite the massive BTC buy, Strategy’s stock (MSTR) is still down over 4% in pre-market today. That comes after an 11% nosedive on Friday, thanks to a pretty nasty market-wide correction. So yeah, not everything’s green candles and hype this time.