Summary : MicroStrategy has boosted its Bitcoin stash to 402,100 BTC, now worth over $38 billion. CEO Michael Saylor continues championing Bitcoin as a corporate asset, inspiring other firms to adopt similar strategies.
Massive Bitcoin Buy
MicroStrategy just made waves again, acquiring 15,400 Bitcoin for $1.5 billion at an average price of $95,976 per coin. This brings the company’s total holdings to 402,100 BTC, valued at $38 billion with Bitcoin trading at $95,194. The company has spent $23.4 billion on Bitcoin since 2020, now sitting on $15 billion in unrealized gains thanks to its bullish bet.
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The BTC Playbook
MicroStrategy finances its Bitcoin purchases through share sales and securities issuance, tracking growth with its “BTC Yield” metric. Quarter-to-date, BTC Yield is at 38.7%, jumping to 63.3% year-to-date. This approach has greatly managed to inspire other aspiring companies which does include some big names, like Tokyo-based Metaplanet and Marathon Digital, to adopt similar strategies.
Saylor’s Crypto Crusade
Michael Saylor isn’t showing any signs of slowing down. Over the course of just few weeks he pitched Bitcoin to Microsoft bought a huge amount of BTC for MicroStrategy and also doubling down on his sole mission to push corporate crypto adoption. Meanwhile, Marathon Digital announced a $700 million funding plan to buy Bitcoin and manage debts, signaling a growing trend of institutional Bitcoin accumulation. MicroStrategy remains the king of corporate BTC treasuries.
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