Quantcast

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

Crypto France: BANGK wants to revolutionize ethical finance with blockchain
Ethereum mainnet issues drive users to Layer 2s and Solana, analyst says
Binance announces Binance Connect relaunch
MicroStrategy Touches New Highs as Trading Volume Relative to Nvidia Surges
Michael Saylor against self-guardian Bitcoin: Vitalik Buterin criticizes his position
BlackRock and MicroStrategy seen sending Bitcoin to $200,000: Bernstein
Binance CEO: 'deeply relieved and grateful that Tigran Gambaryan has finally been released' from Nigerian prison
Nigeria releases Binance exec from custody after money laundering charges are dropped in surprise decision
Bitcoin Miners Are Pivoting to AI to Survive. Core Scientific Entered the Race Years Ago
Ethereum’s Verge roadmap could enable ‘stateless clients’ for block verification on everyday devices
Does Tesla still own its Bitcoins after its recent moves?
Binance exec Tigran Gambaryan’s Nigerian nightmare draws to an end: a timeline
Chainalysis report analyzes global trends in crypto adoption
How BlackRock helped Bitcoin get its mojo back
The SEC authorizes the NYSE and CBOE to offer spot Bitcoin (BTC) ETF options trading
The Crypto Town Hall: 'Binance Blockchain Week 2024: A powerhouse event for crypto innovation'
Stripe in $1.1B Acquisition Deal for Stablecoin Platform Bridge
EigenLayer’s official X account hacked to promote fake airdrop
XRP : A 30% risk of losses as a result of the’appel of the SEC against Ripple
Stripe is well on its way to acquiring Bridge, a fintech specialist in cross-border payments in stablecoins
Former chief of IRS - Criminal Investigations: Ex-U.S. government agent 'without a doubt, is being held captive in a Nigerian prison'
Jailed Binance exec’s Nigeria trial postponed after he fails to come to court ― ‘He’s very sick’
Trump-Touted Crypto Website Crashes as Token Sale Goes Live, With Just 1.7% of Target Sold
How Coinbase’s Base dethroned Arbitrum as top Ethereum layer 2
MiCA: 67% of euro stablecoins now comply with the new directives
Is Elon Musk Selling Bitcoin? Tesla Transfers All $760M of Its BTC to Unknown Wallets.
BTC's Trendline Breakout Exposes $70K Hurdle, ETH Holds 200-Day Average
Google weekly relative search volume for 'bitcoin' hits lowest level in a year
The 15 years of Bitcoin immortalized thanks to The Bitcoin Masterpiece, by Frederic Imbert
UK, Colombia crypto exchanges linked in TD Bank record fine
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