Michael Saylor Keeps Buying Bitcoin

[Ethan_Crypto]

Strategy (ex MicroStrategy) just bought 13,390 BTC, spending $1.34B between May 5 and 11

The firm now holds 568,840 BTC (~$59B), the largest corporate Bitcoin stash on earth.

Since 2020, Saylor’s team has poured $39.41B into BTC, averaging $69,287 per coin.

Strategy’s pitch is simple Securitized Bitcoin exposure via MSTR shares, regulated on Nasdaq.

BTC trades near $104K, just 4% off its all time high ($108.7K).

Saylor’s message is the same "Bitcoin is the superior treasury asset".

[kotajikikox]

Good for him and good for us. He is part of the reason why bitcoin's demand keeps rising. I am sure this will not be his last purchase of bitcoin either. As I am sure that microstrategy will not be the only institution to invest in bitcoin treasury. Following microstrategy's lead, a lot of institutions (existing and new ones) have started acquiring bitcoin.

Anyway, this is all positive news but regardless my stance on bitcoin remains the same. It is valuable and I plan on buying more and holding for a while. With or without microstrategy making all these moves, I would still have this opinion on bitcoin.

[Mastercon]

Microstrategy keeps on buying BTC.
BTC is digital gold.

Long live BTC.

[headingnorth]

Where does the funding come from for all this buying? Over 13,000 institutions and 800,000 retail accounts
are holding MSTR stock and convertible notes. That shows a huge amount of demand for bitcoin.

[Orpichukwu]

Hey Op, I don't see a need for a separate thread about MicroStrategy buying; there is already a long, active thread by fillippone, dedicated to their buying and news alone. If you are not aware of it, you can check it out and continue the discussion there.

MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’

[Zaguru12]

Where does the funding come from for all this buying? Over 13,000 institutions and 800,000 retail accounts
are holding MSTR stock and convertible notes. That shows a huge amount of demand for bitcoin.

For clarification means Microstrategy seems to have many different options of raising funds to buy bitcoin with the latest information been that he sold some common or preferred stock and it’s likes to actually purchase bitcoin. The funding of all this bitcoin purchases which were in the past coming from some loans are not totally from selling off the institutional convertible bonds last sell was around last quarter of the year 2024 which is a clear indication that the company is using that amount to DCA into bitcoin with the interval between this buying.

The CEO who had clearly said they will continue buying bitcoin is actually proving that but constantly moving from this stocks to bitcoin, when they will sell next is where the big news should be about not the repeated buying news cycle

[Botnake]

This won’t be the last purchase obviously. As long as Michael Saylor prioritized bitcoin over other valuable assets, his company will continue to accumulate massive amount. And while it’s a great benefit for him and his company, this will also open a big opportunity for other new institutions to start investing into bitcoin. Bitcoin is the new digital gold, a lot of people often says that, but I believe it’s more than that.

Michael Saylor just proves that bitcoin investment is the most valuable treasure we have to acquire these days. The goal is for long-term investment and hodling, so as much as possible we should see this as a motivation both for new and old investors in the market.

[Rustam Meraj]

This won’t be the last purchase obviously. As long as Michael Saylor prioritized bitcoin over other valuable assets, his company will continue to accumulate massive amount. And while it’s a great benefit for him and his company, this will also open a big opportunity for other new institutions to start investing into bitcoin. Bitcoin is the new digital gold, a lot of people often says that, but I believe it’s more than that.

Michael Saylor just proves that bitcoin investment is the most valuable treasure we have to acquire these days. The goal is for long-term investment and hodling, so as much as possible we should see this as a motivation both for new and old investors in the market.

That is right MicroStrategy will keep buying more Bitcoin because Saylor thinks it is more important than other valuable things they could own. This decision is not just important for MicroStrategy. It also sending strong message to other big companies that may be thinking about investing in Bitcoin. Because Saylor is so sure about Bitcoin and MicroStrategy has bought so much of it so it could make other new companies feel more comfortable about putting their money into Bitcoin too.
What Michael  is doing really shows that Bitcoin could be very valuable thing to hold for long time like digital treasure as you said. For people who already own Bitcoin and those who are thinking about buying it MicroStrategy actions can be seen as sign that Bitcoin has strong future and it might encourage them to keep their Bitcoin for long run.

[sunsilk]

Strategy (ex MicroStrategy) just bought 13,390 BTC, spending $1.34B between May 5 and 11

The firm now holds 568,840 BTC (~$59B), the largest corporate Bitcoin stash on earth.

Since 2020, Saylor’s team has poured $39.41B into BTC, averaging $69,287 per coin.

Strategy’s pitch is simple Securitized Bitcoin exposure via MSTR shares, regulated on Nasdaq.

BTC trades near $104K, just 4% off its all time high ($108.7K).

Saylor’s message is the same "Bitcoin is the superior treasury asset".

He's on a race now and before any other big companies gets the most Bitcoin, it should be them at first.

I guess he's got a plan to be the first company to own a million Bitcoin and no other country nor company has done that ever Bitcoin. Except the lost Bitcoin's forever of satoshi.

And this is on the time when the price of Bitcoin increases so he's got the balls to accumulate when the prices are already more expensive.

[Darker45]

It's StrategyBTC that keeps buying Bitcoin, not necessarily Michael Saylor. Although still powerfully influential, he doesn't actually have a voting control over the company anymore. It's not his personal decision but the company's.

Anyway, StrategyBTC keeping on doing this, showing amazing results, would translate into other companies getting curious at the very least, envious at most, eventually creating a domino effect. So far, the pieces are falling one after another.

Emulating StrategyBTC's fantastic financial innovation, there's Semler Scientific, Fold, Metaplanet, Rumble, and so on. More will come.

[DubemIfedigbo001]

BTC trades near $104K, just 4% off its all time high ($108.7K).

Bitcoin's new ATH is $109,079 achieved in January 2025

Saylor’s message is the same "Bitcoin is the superior treasury asset".

Yeah, Saylor has always believed in bitcoin since 2020 with his consistent buys and now he has one of the largest holdings for an organization if not the largest.

And this is on the time when the price of Bitcoin increases so he's got the balls to accumulate when the prices are already more expensive.

Saylor doesn't care much about the entry price since he sees bitcoin as a long performing asset, and he is prepared to hedge his funds against inflation with bitcoin. I have heard him mention in one of his interviews that he plans to hold bitcoin forever, so he is a long-term holder and bitcoin tends to perform well on the long run, so the compounding effect of bitcoin price appreciation would surely apply to his investments and he would be very profitable on the long-run.

[takuma sato]

Where does the funding come from for all this buying? Over 13,000 institutions and 800,000 retail accounts
are holding MSTR stock and convertible notes. That shows a huge amount of demand for bitcoin.

Saylor transformed his stagnant company into a Bitcoin treasury company and now they are an huge corporation on it's way to reach $100b marketcap, and probably $1T marketcap eventually. The way it works is that they are able to get loans at really low interest rates. So what do you do when you are able to get such low interest rate credit? you take it and you buy the Bitcoin, which goes up faster than your interest, so you are able to pay back the interest and generate massive revenue in the process. This is how Saylor has beaten every stock since they started their Bitcoin strategy, including NVDA.

[taufik123]

Microstrategy has now changed its name to "Strategy", I just realized it and this is not just a name change but this is a declaration.
Strategy is Bitcoin, and Bitcoin is our strategy, so Michael Saylor said.

The continued purchases prove that the Strategy company is very focused on making Bitcoin a key asset and part of the company's value.

The reason why Strategy continues to buy Bitcoin to this day:
- Bitcoin as a Store of Value
- Inflation and Asset Preservation
- Increase shareholder value
- Leverage & Financial Strategy
- Confidence in Long-Term Price Increases

Regarding Michael Saylor's personal price prediction, he said that bitcoin could reach $500,000 – $1,000,000 per coin in the coming decades,
this is certainly a strong reason why his company continues to buy bitcoin to this day.

In May 2025, there will be 2 purchases made,

Code:

Date        | BTC Purchased     | Purchase Value    | Total BTC | Total BTC Value
------------|-------------------|-------------------|-----------|------------------
5/12/2025   | 13,390 BTC        | $1.34B            | 568,840   | $38.762B
5/5/2025    | 1,895 BTC         | $180M             | 555,450   | $37.422B

Source: https://treasuries.bitbo.io/microstrategy/

[slaman29]

I'm not really getting why this is still news

We all know Strategy's strat. We all know what Saylor does.

I know I said it before that properly done DCA is better, but heck if we was as rich as the dude, or I was, I would probably do like him too, instead of sticking it to DCA.

Love it for sure but so what?

[Hammer_Summer]

Strategy (ex MicroStrategy) just bought 13,390 BTC, spending $1.34B between May 5 and 11

The firm now holds 568,840 BTC (~$59B), the largest corporate Bitcoin stash on earth.

Since 2020, Saylor’s team has poured $39.41B into BTC, averaging $69,287 per coin.

Strategy’s pitch is simple Securitized Bitcoin exposure via MSTR shares, regulated on Nasdaq.

BTC trades near $104K, just 4% off its all time high ($108.7K).

Saylor’s message is the same "Bitcoin is the superior treasury asset".

Purchasing that much Bitcoin in only one week reveals their faith in the long run worth of Bitcoin. Since the beginning Saylor has been constant. Honestly it's very remarkable how much conviction he has had through all the market ups and downs. MSTR has turned into a sort of surrogate for Bitcoin itself. Though personally I find it dangerous bold actions like this will help to define the direction of finance.

[jcojci]

Saylor bought Bitcoin so why we don't buy like him? Saylor as popular person gave the message to us so we should follow him to buy Bitcoin after we research and prepare all things we need. If we can buy Bitcoin, like others did, we will have a new investment which will works good for us.

Bitcoin is the best investment for those who want so we should buy Bitcoin gradually if we don't have much money to buy at once. It is better we buy Bitcoin using DCA so we can collecting Bitcoin from time to time.

The DCA method works best for many people and they still running this method to accumulate more Bitcoin. That is also the way that we can use to have many Bitcoins.

[aoluain]

Strategy (ex MicroStrategy) just bought 13,390 BTC, spending $1.34B between May 5 and 11

The firm now holds 568,840 BTC (~$59B), the largest corporate Bitcoin stash on earth.

Since 2020, Saylor’s team has poured $39.41B into BTC, averaging $69,287 per coin.

Strategy’s pitch is simple Securitized Bitcoin exposure via MSTR shares, regulated on Nasdaq.

BTC trades near $104K, just 4% off its all time high ($108.7K).

Saylor’s message is the same "Bitcoin is the superior treasury asset".

He's on a race now and before any other big companies gets the most Bitcoin, it should be them at first.

I guess he's got a plan to be the first company to own a million Bitcoin and no other country nor company has done that ever Bitcoin. Except the lost Bitcoin's forever of satoshi.

And this is on the time when the price of Bitcoin increases so he's got the balls to accumulate when the prices are already more expensive.

Saylor once commented that he would worry going to bed at night that he didnt
have enough Bitcoin. That was mainly his personal HODL'ings.

Absolutely they will continue to buy, I would love to know if there is actually a
target or if there is no end target? I suppose if there is demand for their financial
products it will continue.

They have the balls to buy at $104k because it is cheaper now than it will
be in the future, just like the other price points they bought at sub $100k!

[summonerrk]

Strategy (ex MicroStrategy) just bought 13,390 BTC, spending $1.34B between May 5 and 11

The firm now holds 568,840 BTC (~$59B), the largest corporate Bitcoin stash on earth.

Since 2020, Saylor’s team has poured $39.41B into BTC, averaging $69,287 per coin.

Strategy’s pitch is simple Securitized Bitcoin exposure via MSTR shares, regulated on Nasdaq.

BTC trades near $104K, just 4% off its all time high ($108.7K).

Saylor’s message is the same "Bitcoin is the superior treasury asset".

Saylor does not stop in his purchase of digital gold: Strategy acquired another 13,390 BTC worth about $1.34 billion at an average of $99,856 per bitcoin.The company's balance sheet currently has 568,840 BTC. And during the campaign, Saylor is going to buy as many bitcoins as he can.
We have also already calculated the average purchase price of $69,287. And This already accounts for more than 2.7% of the total supply of BTC, which sounds very reasonable.
According to statistics, 303,230 BTC have been purchased over the past six months.
The funds for the purchases were received from the sale of shares of MSTR and STRK.
STRK and STRF perpetual preferred shares complement the "42/42" plan, which provides for raising $84 billion to buy bitcoins until 2027.
Benchmark confirmed the "buy" rating for MSTR shares with a target of $650, while Bernstein analysts maintained the "better than market" rating with a target of $600.

[nemesis_incarnate]

Saylor bought Bitcoin so why we don't buy like him? Saylor as popular person gave the message to us so we should follow him to buy Bitcoin after we research and prepare all things we need. If we can buy Bitcoin, like others did, we will have a new investment which will works good for us.

Bitcoin is the best investment for those who want so we should buy Bitcoin gradually if we don't have much money to buy at once. It is better we buy Bitcoin using DCA so we can collecting Bitcoin from time to time.

The DCA method works best for many people and they still running this method to accumulate more Bitcoin. That is also the way that we can use to have many Bitcoins.

Some just see the big fellas coming to crypto / BTC as something bad in the long run.

But it's inevitable.

[sunsilk]

And this is on the time when the price of Bitcoin increases so he's got the balls to accumulate when the prices are already more expensive.

Saylor doesn't care much about the entry price since he sees bitcoin as a long performing asset, and he is prepared to hedge his funds against inflation with bitcoin. I have heard him mention in one of his interviews that he plans to hold bitcoin forever, so he is a long-term holder and bitcoin tends to perform well on the long run, so the compounding effect of bitcoin price appreciation would surely apply to his investments and he would be very profitable on the long-run.

That is what he used to see now. He doesn't care nor his Microstrategy what's in it for the price of Bitcoin. This is the long term goal that they're having right now and so in terms of accumulation, they're at the best shape now.

Looking at the gains of their company, they mostly have got it with Bitcoin and so the buying continues. It won't be stopped and they will continue to do that for as long as they have the funds that are ready to purchase BTC.

I've also heard him say that he'll mostly hold forever but I cannot trust those words. It's the company's fund and so, if he's gone, it is MSTR's decision on how to dissolve or liquidate that.

He's on a race now and before any other big companies gets the most Bitcoin, it should be them at first.

I guess he's got a plan to be the first company to own a million Bitcoin and no other country nor company has done that ever Bitcoin. Except the lost Bitcoin's forever of satoshi.

And this is on the time when the price of Bitcoin increases so he's got the balls to accumulate when the prices are already more expensive.

Saylor once commented that he would worry going to bed at night that he didnt
have enough Bitcoin. That was mainly his personal HODL'ings.

Absolutely they will continue to buy, I would love to know if there is actually a
target or if there is no end target? I suppose if there is demand for their financial
products it will continue.

They have the balls to buy at $104k because it is cheaper now than it will
be in the future, just like the other price points they bought at sub $100k!

I believe him with that feeling. But there could be some exaggeration with that if people doesn't know him yet. He's always in interviews on the television shows and asked how much he sees BTC's price in the future.

As for target, they'll never say that if there is. But we have to remember it that they need to profit as well and give something to their shareholders.