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Deythere > News > Crypto > Bitcoin > Why is Michael Saylor Raising 711 Million to Buy More Bitcoin Now
NewsBitcoinCryptoMarket

Why is Michael Saylor Raising 711 Million to Buy More Bitcoin Now

Why is Michael Saylor Raising 711 Million to Buy More Bitcoin
Jonathan Swift
Last updated: March 24, 2025 7:56 am
By
Jonathan Swift
Published March 24, 2025
5 Min Read
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Michael Saylor, co-founder and Executive Chairman of Strategy (formerly MicroStrategy), has once again demonstrated his unwavering commitment to Bitcoin by orchestrating a significant capital raise aimed at expanding the company’s cryptocurrency holdings. This bold move not only underscores Saylor’s bullish stance on Bitcoin but also highlights the increasing institutional adoption of digital assets.​

Contents
Michael Saylor Strategy’s Ambitious Capital RaiseA Consistent Bitcoin Accumulation StrategyMarket Implications and Investor SentimentBitcoin’s Performance and Strategy’s HoldingsA Vision for the FutureConclusionFAQsGlossarySources

Michael Saylor Strategy’s Ambitious Capital Raise

In a recent development, Strategy successfully raised approximately $711.2 million through an upsized sale of its Series A Perpetual Strife Preferred Stock. Initially targeting $500 million, the offering was expanded to 8.5 million shares priced at $85 each, reflecting robust investor demand. The company intends to allocate the majority of these funds to acquire additional Bitcoin, potentially increasing its holdings beyond the 500,000 BTC mark.

MicroStrategyStrategy
Michael Saylor’s Strategy

A Consistent Bitcoin Accumulation Strategy

Strategy’s latest capital raise is part of a broader strategy to continually augment its Bitcoin reserves. The company has been leveraging various financial instruments, including equity and debt offerings, to fund its cryptocurrency acquisitions. For instance, in February 2025, Strategy added 20,400 BTC to its holdings, bringing its total to 499,096 BTC at that time. ​

Market Implications and Investor Sentiment

The announcement of the capital raise and the planned Bitcoin purchases have elicited mixed reactions in the market. While some investors view this as a positive signal of institutional confidence in Bitcoin, others express caution due to the inherent volatility of the cryptocurrency market. Following the announcement, Strategy’s stock experienced fluctuations, reflecting the market’s divided sentiment. ​

Michael Saylor’s Next Big Bitcoin Move – Is Strategy About to Buy More BTC?
Michael Saylor’s Strategy

Bitcoin’s Performance and Strategy’s Holdings

As of March 24, 2025, Bitcoin is trading at approximately $87,129, with intraday highs and lows of $87,237 and $84,201, respectively. At this price point, Strategy’s holdings of nearly 500,000 BTC are valued at approximately $43.5 billion, underscoring the substantial financial commitment the company has made to the cryptocurrency.​

A Vision for the Future

Michael Saylor’s strategic vision extends beyond mere accumulation; he envisions Bitcoin as a transformative asset class that offers a hedge against inflation and a superior store of value compared to traditional assets like gold. Saylor has been vocal about his belief in Bitcoin’s potential, stating that it represents

“the apex property of the human race.”

Conclusion

Strategy’s aggressive accumulation of Bitcoin, spearheaded by Michael Saylor, exemplifies the growing institutional interest in digital assets. While the strategy carries inherent risks associated with cryptocurrency volatility, it also positions the company at the forefront of a financial paradigm shift. As Bitcoin continues to mature as an asset class, Strategy’s bold moves may serve as a blueprint for other corporations considering similar investment strategies.​

FAQs

What is Strategy’s current Bitcoin holding?

As of the latest reports, Strategy holds approximately 499,096 BTC. ​

How did Strategy fund its recent Bitcoin purchases?

The company raised approximately $711.2 million through an upsized sale of its Series A Perpetual Strife Preferred Stock.

What is the average purchase price of Strategy’s Bitcoin holdings?

The average purchase price of Strategy’s Bitcoin holdings is approximately $66,360 per BTC.

Glossary

Bitcoin (BTC): A decentralized digital currency without a central bank or single administrator, which can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries.​

Series A Perpetual Strife Preferred Stock: A type of preferred equity offering by Strategy to raise capital, which does not have a maturity date and pays a fixed dividend.​

Institutional Adoption: The process by which institutional investors, such as corporations, hedge funds, and mutual funds, start investing in a particular asset class.​

Cryptocurrency Volatility: The degree of variation of a cryptocurrency’s trading price over time, often measured by the standard deviation of returns.​

Store of Value: An asset that maintains its value without depreciating over time, making it a suitable vehicle for saving wealth.

Sources

Financial Times

Decrypt

CoinDesk

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TAGGED:BitcoinMichael SaylorMichael Saylor's StrategyMicrostrategy

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ByJonathan Swift
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A crypto journalist with an understanding of blockchain technology. Skilled in simplifying complex topics for diverse audiences, from beginners to experts. Because I believe in words as they are the children of mind.
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