Michael Saylor’s Bitcoin-focused firm has more than doubled its holdings since November, when Donald Trump secured a sweeping victory in the U.S. presidential election.
Since Trump’s win, the firm—Strategy—has acquired 376,571 BTC, now valued at $43.2 billion. In contrast, it took over four years to amass the previous 252,220 BTC.
In just the past nine months, the company has added 60% of its total 628,791 BTC stash, capitalizing on Trump’s pro-crypto stance and the rollback of Biden-era regulatory crackdowns.
Strategy Announces Its Third-Largest Bitcoin Acquisition
On Monday, Strategy revealed in a filing with the Securities and Exchange Commission that it had purchased 21,021 BTC worth $2.46 billion over the past week—marking its third-largest Bitcoin acquisition by dollar value since it began accumulating the cryptocurrency five years ago.
Despite Bitcoin trading near all-time highs, Strategy continues to buy aggressively, with its latest purchase coming at an average price of $117,256 per coin. This move underscores the firm’s unwavering confidence in its Bitcoin strategy, even at elevated valuations.
Following the U.S. election in November, Strategy made two of its largest purchases to date: 55,500 BTC for $5.4 billion and 51,780 BTC for $4.6 billion, according to company records.
Bitcoin is a “virus of freedom”
Strategy Executive Chairman Michael Saylor referred to Bitcoin as a “freedom virus” during a segment on Fox Business on Monday.
“We think of it as a swarm creature because everywhere in the world, there’s someone supporting the Bitcoin ecosystem.”
He likened it to a swarm of hornets—virtually unstoppable—and added that Strategy aims to deliver twice the returns of Bitcoin itself by issuing “credit instruments” through its Bitcoin Yield program.
Michael Saylor: Wall Street Still Doesn’t Get It
“I don’t think Wall Street quite gets it,” Saylor said, noting that Strategy is currently the fourth most profitable finance company in the United States.
When asked about the growing number of companies adding Bitcoin to their treasuries, Saylor responded:
“It’s not a problem, all those companies who are adopting the Bitcoin standard, it’s just like companies deciding to put internal combustion engines in their machines, or use electricity, or the internet, or computers. It’s going to become the rule over time.”
Strategy reported a record $10 billion in profit for the second quarter last week.
Its Bitcoin holdings are now valued at $72.2 billion, acquired at an average price of $73,277 per coin. The firm currently holds approximately 3.16% of Bitcoin’s total circulating supply.
