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Michael Saylor’s Strategy has marked the fifth anniversary of its Bitcoin treasury strategy with yet another purchase, adding $18 million worth of BTC to its already massive holdings. The move underscores the company’s unwavering commitment to Bitcoin, which it began accumulating in August 2020.
Fifth Anniversary Purchase Adds 155 BTC
According to a U.S. Securities and Exchange Commission filing on Monday, Strategy bought 155 BTC during the week ending Sunday at an average price of $116,401 per coin. Bitcoin started the week near $114,000 and approached all-time highs around $122,000 by Sunday, per CoinGecko data.
The acquisition lifts Strategy’s total Bitcoin stash to 628,946 BTC, purchased for about $46.1 billion at an average price of $73,288. This latest buy cements Strategy’s position as the world’s largest publicly traded holder of Bitcoin.
From $250M to 600K+ BTC in Five Years
Strategy—formerly known as MicroStrategy—first entered the Bitcoin market on August 11, 2020, acquiring 21,454 BTC for $250 million. At the time, BTC traded near $11,400. In the five years since, Bitcoin’s price has surged roughly 960%, with the asset now hovering near $120,000.
Over this period, the company has executed 74 separate purchases, never selling a single coin. The consistent buying has become a defining feature of Michael Saylor’s leadership and a central part of Strategy’s identity in the crypto space.
Also Read: Bitcoin to $1.5M? Cathie Wood, Michael Saylor, and Tom Lee Say Institutional FOMO Is Just Beginning
Saylor’s Unwavering Bitcoin Conviction
In a post on X celebrating the milestone, Saylor declared, “If you don’t stop buying Bitcoin, you won’t stop making money.” The co-founder has repeatedly emphasized that he plans to continue buying BTC regardless of price levels.
In late 2024, Saylor reiterated his ultra-bullish stance, projecting that Bitcoin could reach $21 million within the next 21 years—a symbolic target referencing BTC’s fixed supply of 21 million coins.
With Bitcoin prices near record highs and institutional interest growing, Strategy shows no signs of slowing its BTC accumulation. For Michael Saylor, the anniversary purchase is not just a celebration—it’s a statement of long-term conviction in Bitcoin as the ultimate store of value.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
