At Money 20/20, Michael Saylor expressed bullish Bitcoin predictions — $150,000 by the end of 2025 and up to $1 million in four to eight years — citing industry shifts and new investment products as catalysts for institutional adoption.
S&P Global Ratings gave Strategy Inc. a stable ‘B-’ rating, citing its heavy Bitcoin exposure and limited dollar liquidity despite ongoing capital market access.
Bitcoin Price surged above $115,000 as Strategy announced the acquisition of 390 BTC worth $43.4 million at an average price of $111,053 per Bitcoin. The purchase, which brings Strategy's total holdings to 640,808 BTC, comes amid accelerating corporate adoption of Bitcoin treasuries.
Strategy, the world’s largest corporate holder of Bitcoin, reported $3.9 billion in fair value gains from their Bitcoin holdings for the third quarter.
Michael Saylor has never shied away from grand visions, but his latest roadmap Strategy’s Bitcoin strategy may be his boldest yet.
In a wide-ranging conversation...
Strategy, the world’s largest corporate holder of bitcoin, added 196 BTC to its treasury last week for $22.1 million at an average price of $113,048 per coin, according to a U.S. SEC filing.
Bitcoin for Corporations' George Mekhail highlights accretive vs. non-accretive models, as firms like Metaplanet follow MicroStrategy's debt-fueled accumulation playbook.
With Bitcoin price hovering around $111,800, Strategy has acquired an additional 1,955 BTC for $217.4 million, bringing its total holdings to 638,460 BTC at an average purchase price of $73,880. The purchase, made despite recent S&P 500 exclusion, demonstrates the company's unwavering commitment to Bitcoin accumulation as corporate treasury holdings collectively surpass 1 million BTC.
Strategy, formerly MicroStrategy, purchased 155 BTC worth $18 million at an average Bitcoin price of $116,401 per coin, bringing its total holdings to 628,946 BTC as Bitcoin price trades above $120,000. The purchase marks the fifth anniversary of Strategy's Bitcoin treasury strategy, which began with a $250 million investment in 2020.