Michael Saylor’s Strategy Surpasses 600,000 Bitcoin Milestone
Michael Saylor‘s company, Strategy, has reached a significant milestone in Bitcoin accumulation, now holding over 600,000 BTC. The firm recently purchased an additional 4,225 BTC at an average price of $111,827 per coin, funded through strategic financial moves including stock and preferred share sales.
The Significance of Strategy’s Bitcoin Holdings
Strategy‘s growing BTC treasury demonstrates strong confidence in Bitcoin’s long-term value proposition. With Bitcoin prices achieving record highs, the company’s holdings currently exceed $73 billion in value – representing approximately 3% of Bitcoin’s total supply.
Key Statistics
- Total BTC holdings: 601,550
- Average acquisition cost: $71,268 per BTC
- Current valuation: $73 billion
Growing Corporate Bitcoin Adoption
Strategy’s success has sparked a wave of corporate Bitcoin adoption, with companies like Metaplanet, Semler Scientific, and GameStop following suit. This trend highlights Bitcoin’s increasing acceptance as a treasury asset among forward-thinking corporations.
Expert Perspectives
“Bitcoin’s fixed supply and decentralized architecture position it uniquely as a store of value,” notes crypto journalist Laura Shin. Michael Saylor maintains his bullish stance, recently stating: “It’s going up forever.” These views reflect growing institutional confidence in Bitcoin’s long-term potential.
