Michael Saylor’s Strategy recently acquired an additional $18 million in Bitcoin, increasing its total holdings to 628,946 BTC, marking five years of consistent investment.
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Strategy’s latest purchase of 155 BTC was made at an average price of $116,401.
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Since its first purchase, Bitcoin’s price has surged 960%, showcasing significant returns.
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Michael Saylor predicts Bitcoin could reach $21 million in the next 21 years.
Michael Saylor’s Strategy has marked five years of Bitcoin investment, acquiring an additional $18 million in BTC, with total holdings now at 628,946 BTC.
| Purchase Date | BTC Acquired | Total Holdings |
|---|---|---|
| August 11, 2020 | 21,454 BTC | 628,946 BTC |
What is Michael Saylor’s Strategy for Bitcoin Acquisition?
Michael Saylor’s Strategy is a leading public holder of Bitcoin, having adopted it as a treasury asset since August 2020. The firm has consistently purchased Bitcoin, recently acquiring 155 BTC for $18 million.
How has Bitcoin’s Price Changed Since 2020?
Since its first purchase on August 11, 2020, Bitcoin’s price has increased from approximately $11,400 to around $120,000, representing a remarkable 960% growth.
Frequently Asked Questions
What is the significance of Michael Saylor’s Bitcoin strategy?
Michael Saylor’s strategy emphasizes long-term investment in Bitcoin, showcasing a commitment to holding and acquiring BTC regardless of market fluctuations.
How often does Michael Saylor’s Strategy purchase Bitcoin?
Michael Saylor’s Strategy has made over 74 purchases of Bitcoin since its initial investment, consistently adding to its holdings.
Key Takeaways
- Consistent Investment: Michael Saylor’s Strategy has maintained a consistent purchasing strategy over five years.
- Significant Returns: The firm has seen a 960% increase in Bitcoin’s price since its first purchase.
- Future Predictions: Saylor predicts Bitcoin could reach $21 million in the next 21 years.
Conclusion
Michael Saylor’s Strategy has solidified its position as a major player in the Bitcoin market, with a total of 628,946 BTC acquired over five years. This strategic investment approach highlights the potential for significant returns in the cryptocurrency space.
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Michael Saylor’s Strategy added another $18 million in Bitcoin last week to mark the fifth anniversary of its BTC buying strategy, bringing its total holdings to 628,946 BTC.
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Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, reported its first BTC purchases in August, marking five years since adopting Bitcoin as a treasury asset.
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Strategy acquired 155 Bitcoin (BTC) for $18 million during the week ending Sunday, according to a US Securities and Exchange Commission filing on Monday.
Michael Saylor’s Strategy has marked five years of Bitcoin investment, acquiring an additional $18 million in BTC, with total holdings now at 628,946 BTC.
Strategy bought its first BTC on Aug. 11, 2020
Strategy’s latest Bitcoin acquisition coincides with the fifth anniversary of its BTC treasury strategy, launched on Aug. 11, 2020, with a $250 million buy of 21,454 BTC.
Since Strategy’s first BTC purchase, the price of Bitcoin has surged 960% from around $11,400 to roughly $120,000 at the time of writing, giving massive returns on the investment.
Despite the rising prices, Strategy, formerly known as MicroStrategy, has never stopped buying BTC since, now holding more than 600,000 BTC acquired over 74 purchases.
“If you don’t stop buying Bitcoin, you won’t stop making money,” Strategy co-founder Saylor said in a post on X on Sunday.
In late 2024, Saylor pledged to keep buying Bitcoin no matter how high it surges. In June, the Strategy co-founder doubled down on his Bitcoin price forecast, predicting that BTC is going to hit $21 million in the next 21 years.
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