Quantcast

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

Russia Is About to Try Using Crypto to Get Around Sanctions
Bitcoin as legal tender? Mixed results for Nayib Bukele, the president of El Salvador
Sony lance officiellement le testnet public de Soneium, son propre layer 2 basé sur Ethereum
France Charges Telegram's Pavel Durov, Sets Bail at €5 Million – Bitcoin News
Bitcoin Mining Is So Rough a Miner Adopted Michael Saylor's Successful BTC Strategy
From Richard Teng, Binance CEO: Tigran’s Deteriorating Condition After 6 Months of Unjust Detention
UK’s crypto dreams stall as registrations with financial regulator remain low
Concerns grow over Binance executive’s health during detention in Nigeria
Vitalik attacks DeFi and millions come out of’Ethereum
Telegram CEO's arrest tied to cybercrime investigation of unauthorized 'cryptology' services, say French authorities
‘My Living Nightmare’: Detained Binance Exec’s Wife Begs for His Immediate Release
Bitcoin, Binance, Ethereum, Solana, and Ripple: The Biggest Crypto News of the Past Week
Crypto: Ethereum ETFs are experiencing a record series of outflows!
Salvador: 80,000 civil servants trained in Bitcoin – A visionary initiative or a risky bet ?
The Fed is ready to cut interest rates — what that means for crypto
Binance Launches Mobile Money Feature for Crypto Transactions in Africa – Exchanges Bitcoin News
New Binance CEO Sees No Need for IPO as He Plots 100-Year Strategy for Crypto Exchange
Dubai: An employee paid in cryptocurrency – Everything you need to know about this first history in the UAE
Wrapped Bitcoin rivals eye $9bn market share after ownership drama
The Digital Chamber: Nigerian government's excessive fines could have 'a chilling effect on foreign direct investment'
TON Leads Crypto Majors as BTC, ETH Remain Flat
German Interior Ministry Predicts Bitcoin at $100,000 in 2024, Recommends Use of Hardware Wallet
Why economists say the CFTC is wrong about prediction markets
Cardano drops out of the top 10 cryptocurrencies by market cap ranking
Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon
Bchain Africa CEO on detention of Binance employee: 'Are we running a military system in Nigeria under the guise of democracy?'
Binance exec in Nigerian prison is ‘almost bedridden’
Swiss and Norwegian central banks reportedly hold 3,400 Bitcoins via MicroStrategy shares
Trump and Musk Avoid the Burning Topic of Cryptos During Their Interview
Why crypto investors are ‘asleep at the wheel’ amid improving macro conditions
Executive Chairman of Strategy on Bitcoin acquisition: 'Strategy has acquired 430 BTC for ~$51.4 million'
Web3/Crypto
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.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

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.

Organizations Included in this History
More News

Carlos Domingo, CEO of Securitize, said that the company is facilitating crypto investors' access to on-chain real-world asset information without the need for coding or blockchain explorers.

Oct 24, 2025

Changpeng Zhao, founder of Binance, commented on DeepSeek's reported success in artificial intelligence trading, highlighting potential market effects and the likelihood of increased research and activity.

Oct 24, 2025

Vitalik Buterin, co-founder of Ethereum, has said that Polygon and Sandeep Nailwal have significantly advanced the ecosystem.

Oct 24, 2025

Binance announced on its website that it has updated the annual percentage rate (APR) for USDe on Binance Earn, offering a 7% flexible rate for eligible users from October 22 to October 30 (UTC).

Oct 24, 2025

Julian Hosp, Founder of Cake DeFi, has expressed concerns about the speculative nature of Bitcoin and MicroStrategy's stock, suggesting they are vulnerable to sharp declines when market sentiment turns negative.

Oct 24, 2025

Binance has announced the launch of direct USD deposits and withdrawals in select regions through BPay Global, a provider licensed by the Central Bank of Bahrain.

Oct 24, 2025