Michael Saylor's Strategy Acquires 22,048 Bitcoin for $1.9B

Michael Saylor's company, Strategy, has made headlines by purchasing 22,048 Bitcoin for $1.9 billion, solidifying its status as the largest corporate holder of Bitcoin with a total of 528,185 BTC. This acquisition was financed through sales of common stock and preferred shares, with the company now having invested approximately $7.8 billion in Bitcoin during the first quarter of 2025. Saylor's strategy includes redirecting a portion of the global $300 trillion fixed-income market into Bitcoin, aiming for a 10% annual yield through new financial instruments. However, critics like Bill Barhydt argue against Saylor's plan to make his personal Bitcoin holdings permanently inaccessible, suggesting he could leverage those assets to benefit the broader Bitcoin community. Despite mixed reactions, Saylor remains confident in Bitcoin's long-term potential, continuing to expand Strategy's reserves amid market fluctuations. The recent purchase comes as Bitcoin has experienced volatility, but Saylor's commitment to the cryptocurrency remains steadfast.