Quantcast

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

JPMorgan files trademark application for JPMD, citing multiple blockchain use cases
Negative Rates Return to Switzerland as U.S. Faces Higher Yields. What Does it Mean for Bitcoin?
300 million euros: The Blockchain Group continues to raise funds to accumulate as many Bitcoins as possible
Quintenz says CFTC will need more funding if tasked with broader crypto oversight
These cryptocurrencies are experiencing a massive price increase!
This project combining stablecoin and Bitcoin (BTC) raises $500 million in less than an hour
Hong Kong's OSL eyes Indonesia expansion with $15 million crypto exchange acquisition
FCA-registered BCP launches British pound stablecoin
Crypto: Ripple's RLUSD stablecoin will now also be used in the United Arab Emirates
Robinhood completes $200 million acquisition of crypto exchange Bitstamp
Changpeng Zhao offers a dark pool-style DEX for invisible crypto orders
End of tariffs? Judge blocks Trump's Liberation Day
The TACO trade is gaining popularity; what is it?
B2B stablecoin payments surge to $36 billion annual pace, survey finds
Russian banks debut crypto products for qualified investors
Reserve Bank of India to roll out new use cases for digital rupee
Bitcoin creator becomes richer than Bill Gates
EU revises growth downwards to 0.9% in 2025, weighed down by Donald Trump's customs duties
United Kingdom: Crypto firms will have to report all customer transactions
Ethereum on the brink of an incredible surge? This expert's bold prediction
DOJ is investigating Coinbase data breach— Report
Crypto Agenda: Paris and Nantes host two events
American Bitcoin, BTC Miner Backed by Eric and Donald Trump Jr, to Go Public
China and the United States Reach an Agreement – ​​What if It's Bad News for Bitcoin?
Crypto custodian BitGo secures MiCA license in Germany
Ethereum Explodes to $2,600, Surpassing the Market Valuations of Coca-Cola and Alibaba
SEC Chair Paul Atkins unveils his vision for crypto regulation as the agency charts a friendlier approach to digital assets
Coinbase's SEC Documents Reveal NY Attorney General Wanted ETH Declared Security
Bhutan launches crypto payment system for tourism with Binance Pay
Robinhood plans blockchain platform to allow trading of US securities in Europe: Bloomberg
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

Brian Armstrong, CEO of Coinbase, said that broader cryptocurrency use will emerge from seamless products where users benefit without engaging with the underlying systems.

Oct 22, 2025

Michael Saylor, co-founder of Strategy Inc., announced that the company has expanded its bitcoin holdings and reported a 25.9% year-to-date yield for 2025.

Oct 22, 2025

Lark Davis, founder of Wealth Mastery, advised traders to avoid leverage and risky "revenge trading" amid widespread liquidations and emphasized the importance of protecting capital.

Oct 22, 2025

Kent Lin, Co-founder of Optimum, said that Bitcoin's market capitalization is approximately 7% of gold's, suggesting that the rally in gold expands potential upside for Bitcoin.

Oct 22, 2025

Anna Milne, founding director of research for the CAFE Association, said that membership focuses on industry leadership that combines innovation with consumer protection, rather than merely adhering to baseline compliance.

Oct 20, 2025

Edward "Coach" Weinhaus, the Founding Executive Director of the CAFE Association, emphasized that fraud is a shared problem and detailed the organization's plan to educate consumers and support responsible companies.

Oct 17, 2025