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Executive Chairman of Strategy on Bitcoin acquisition: 'Strategy has acquired 430 BTC for ~$51.4 million'

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Executive Chairman of Strategy on Bitcoin acquisition: 'Strategy has acquired 430 BTC for ~$51.4 million'
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Webp michael saylorexecutive chairman
Michael Saylor, Executive Chairman for Strategy (formerly MicroStrategy) | X

Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), announced that the company has acquired 430 bitcoin for $51.4 million, increasing its total holdings to 629,376 BTC. The statement was made on X.

"Strategy has acquired 430 BTC for ~$51.4 million at ~$119,666 per bitcoin and has achieved BTC Yield of 25.1% YTD 2025," said Saylor. "As of 8/17/2025, we hold 629,376 $BTC acquired for ~$46.15 billion at ~$73,320 per bitcoin."

Strategy, which rebranded from MicroStrategy in early 2025, aims to signal its shift from business-intelligence software to a dedicated Bitcoin Treasury Company. The firm now utilizes equity, debt financing, and cash flow to expand its Bitcoin reserves. This reflects its belief in digital assets as core corporate capital. According to AInvest, this pivot highlights how Strategy seeks to lead institutional adoption of Bitcoin while aligning with broader trends of corporate treasury diversification into cryptocurrency.

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As of May 2025, Strategy controlled approximately 555,450 BTC, representing about 2.6% of Bitcoin’s total supply and holding a market valuation near US $55 billion. The company’s purchases have averaged around US $94,000 per Bitcoin. Research published by 21Shares indicates that these holdings solidify Strategy’s dominance in corporate Bitcoin adoption and treasury strategies.

Between February 18 and 23, 2025, Strategy raised nearly US $2 billion through convertible notes to acquire more than 20,000 BTC. This brought its total to nearly 499,096 BTC valued at US $47.8 billion at the time. As reported by Barron’s, Strategy's actions are emblematic of a wider trend in 2025 where public companies are increasing exposure to Bitcoin amid strong market performance.

Michael J. Saylor co-founded MicroStrategy in 1989 and served as its longtime CEO before becoming Executive Chairman in 2022. He has been the key architect of Strategy’s Bitcoin-first pivot and positions the firm as a leader in corporate crypto reserves. According to Wikipedia, Saylor is also one of Bitcoin’s most vocal advocates, promoting it as digital property and a hedge against inflation across global financial forums.

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